Gold Spot / U.S. Dollar
Short
Updated

GOLD - Critical price area!!

305
XAUUSD is sitting at an intersting price level.
We had the sell off from the high on Friday, now we are at a point where it could head higher for one more leg to the 1912 area or this correction is over after hitting the 382 twice over the last couple of weeks and we will see lower prices.

If this is it then our downside target is 1660 but there is a chance of a lot lower prices but I will cover that going forward. For now we just see how we open on Monday and find a place either way from there.

I will post smaller TF charts with intraday levels to watch.

Also I will post the AI for the year which gives me that downside bias.

I hope this helps, enjoy the weekend.
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snapshot

15min - The 2 options but both are long term bearish.
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snapshot

Yearly AI for the GOLD. We are coming into some weakness.
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snapshot

US Session AI. Watch the times marked for turn points.

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