Gold price finds temporary support near the fresh monthly low of $1,916. The precious metal looks vulnerable and is expected to continue its downside move. After remaining consistently below the 20 and 50-day Exponential Moving Averages (EMAs), the yellow metal is declining toward the 200-day EMA around $1,917.00. Momentum oscillators are near the support region and a further downside would trigger a bearish impulse.
Gold sell zone 1922
Target 1916
Target 1910
Gold buy limit 1910
Target 1915
Target 1930