XAUUSD - Gold Update - Continuing as per target
As you can see from my post on April 14, we entered bear case, and I projected fall of gold after big drop from Friday from 2048 to 1992. After breaking important support trendline (Yellow), retest shows gold has stayed below it.
I expect gold to continue dropping to 1970s, 1950s to all the way down to 1894 over the next few weeks.
I expect gold to continue dropping to 1970s, 1950s to all the way down to 1894 over the next few weeks.