GOLD (XAUUSD): Will It Go LOWER?

We witnessed 2 significant bearish breakouts on 📉Gold on intraday/daily chart

Initially, the price broke through a crucial daily horizontal support level. Additionally, the market closed below a significant upward trend line.

The violation of the horizontal and vertical structures now form a widening supply zone.

It is recommended to consider shorting from this area, with the anticipation of a continued bearish trend towards 2720.