GOLD (XAUUSD): What a Bearish Move Today! What is Next? ðĨ
āļāļĩāđāļāļąāļāđāļāļ:
Hey traders,
One week ago, Gold dropped nicely.
The price reached a strong demand cluster.
Then the market retraced and respected 382 retracement of the last bearish impulse.
Now the price is retesting the above-mentioned demand zone.
Be prepared for its bearish breakout.
In case of a daily candle close below that, I will expect a bearish continuation to 1752 - 1762 demand area.
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