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XAUUSD: From $2720 To $2500 A Move of 2200+ Pips ! Comment Down

5 764
XAUUSD

Price dropped after creating a record high at 2790$, price dropped as mainly due to US Elections and aftermath of the election. We can see price to drop further after filling up the fair value gap within the market. Please do your own research before taking any decision. Good Luck.
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880+ pips, as we had described that price would reject from 2710 to 2721 and it did exactly that. You may consider closing half of yours positions on gold.

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