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GOLD (XAUUSD): Detailed Technical Outlook ๐ฅ
https://www.tradingview.com/x/dZq6X2x4/
Here is the update for Gold ahead of Powell's speech.
The market is trading in a bearish trend on a daily.
Last week, the market broke and closed below a wide demand area.
The market dropped after a retest of a broken structure.
Analysing the intraday perspective, we may spot a test of a local low now.
1909 is a minor support.
Its breakout will trigger a further bearish continuation.
Next goal will be 1900.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
Here is the update for Gold ahead of Powell's speech.
The market is trading in a bearish trend on a daily.
Last week, the market broke and closed below a wide demand area.
The market dropped after a retest of a broken structure.
Analysing the intraday perspective, we may spot a test of a local low now.
1909 is a minor support.
Its breakout will trigger a further bearish continuation.
Next goal will be 1900.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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