✴️ GOLD Daily timeframe. February 27

Gold closes the previous session at its lowest. The closing price is very close to the low of the day. Demonstrating the potential for continued decline

1) The downtrend continues
2) Fundamental factors continue to negatively affect the futures price
3) The price is in the range of 1821 and 1786, the price is directed from resistance to support
4) Oriented on the local support level 1809, a breakdown of this price zone will send the price to 1800