XAUUSD: Will it be a reversal or a continuation of the downtrend

Gold price is looking to build onto its recovery and recapture the 1,900 mark, as the Greenback maintains its corrective mode from two-month highs amid mixed fundamental factors. Risk sentiment remains rather cautiously optimistic in Asia this Thursday, as traders cheer overnight gains in US tech stocks after shares of Nvidia jumped 8.5% ahead of Wednesday's earnings report, providing supportive ground for local chipmakers.

Comment:

Maybe SELL at 1900 - 1903 with SL 1906 and TP 1890

Trade closed: stop reached:

FULL TP