Gold Spot / U.S. Dollar
Short
Updated

Gold broke the swing support

The chart shows a recent breakdown from the "Broken Support" trend line, indicating a bearish signal.

We will wait for retest to confirm down side movement to next target as in the chart

Waiting retest better to avoid false breakout
Trade closed: target reached
Gold didn’t retest the broken level due to strong downtrend

They pushed it strongly to critical support before closing the session

Disclaimer