GOLD ! Medium term. Fight for the level. Global downtrend 😥

Gold in the medium term behaves quite unpredictably. The price stood in the zone between 1869 and 1800. There is a zone around 1830 on the chart and a strong struggle is forming between buyers and sellers for this point.

At the end of the last session, the price breaks this zone down again on a retest and forms a consolidation below the level.

I suppose that in the short, medium term, we can see a continuation of the fall in the price of gold to the key levels of 1799 and 1750, respectively.

Gold confirms the presence of strong sellers in the market or the lack of buying power and shows us the main downtrend that follows the global one.

Sincerely, R. Linda!