✴️ GOLD Daily timeframe. January 31

Gold is in the correction phase, as I said yesterday - there is a key level of 1921.9. If the price breaks it down, it will fly to 1903. What happened?))

1) The price goes down, the consolidation breaks through and the gold enters the correction stage.
2) The price tests the 1903 zone, a bounce from the 1903 level is possible.
3) The price has been moving without a deep correction since November. It rose by almost 21% and $330.
4) There is a huge possibility of a deeper decline
5) Strong support at 1903, 1890 and 1869