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GOLD {XAUUSD}: Bearish Correction Continues
Gold Spot / U.S. Dollar
Short
GOLD {XAUUSD}: Bearish Correction Continues
By bellojrfx
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yesterday
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yesterday
I’ve noticed another significant intraday structure breakout.
Gold has breached a support cluster within a tight horizontal range, signaling strong selling pressure and a bearish outlook.
After a comprehensive retest of the broken structure, we’re now seeing a bearish reaction. I expect the price to approach the levels of 2553 soon.
Candlestick Analysis
Chart Patterns
Support and Resistance
bellojrfx
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