Gold Spot / U.S. Dollar
Short

Descending triangle with targets of USD 1800

90
According to the price retracement from the USD 1966 range, as well as the 3-wave structure of triangle sides, there is a scenario that wave b ends in the 1966 range with a triangular pattern, by crossing the price from the USD 1906 range, the downtrend for the target of USD 1,800 will be confirmed.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.