In my last week's analysis, I said that I expect Gold to drop under the 1900 figure.
In the past days, XauUsd was trading in a tight range between 1920 and 1940 but the pressure seems to be on the downside.
A daily close under 1920 support would confirm my bearish outlook and can be followed by a new leg down to 1880.
Only price above 1950 would change my outlook.
In the past days, XauUsd was trading in a tight range between 1920 and 1940 but the pressure seems to be on the downside.
A daily close under 1920 support would confirm my bearish outlook and can be followed by a new leg down to 1880.
Only price above 1950 would change my outlook.
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