🥇 GOLD Gold below 1818. Would a fall not be ruled out?

The futures under pressure from the sellers renews the lows and breaks the strong line. This is clearly not the right time to buy. Let's see how the price reacts to the 1815-1825 area

1) The price re-tests the black line (trend line with multiple confirmations, formed in July 2022)
2) The price moves without strong impulses (by small candlesticks), this format bears a consolidating character - a set of potentials for continuation of movement
3) Consolidation below 1818 would open the road to 1805

Gold is under bearish pressure, hence the price is not ready for growth, or if after a false-break-down of the black rising line, the price will consolidate above the 1820 area, but not today