XAUUSD — decline is coming! XAUUSD is pulling back after a si | FBS Analytics

XAUUSD — decline is coming!

XAUUSD is pulling back after a significant decline. The cross area of the 2055.00 - 2058.00 resistance range and the resistance trendline look like a solid opportunity to follow this downtrend.
Another option is selling XAUUSD on the breakout of the recent low at 2032.00.

Trade 1: sell XAUUSD inside the 2055.00 - 2058.00 support range;
Trade 2: sell XAUUSD on a breakout below the 2032.00 support;
Target: 2019.00

Smash if you agree!

TRADE WITH FBS
@fbsanalytics