Gold retesting 50DMA breakdown

Gold is retesting 50DMA Bear breakdown at 1822.83 level. Which also many analysts are pointing from last 2 days is an important level.

Also MACD signal line is crossing MACD line on Monthly Candle! That is a big 🐻 news because it will note that a new long term downtrend is forming in Gold.

Tagged as Short as 1822.83 looks a good level to short.