Gold- Break of support on Friday?
In my yesterday's video, I explained why I'm bearish on Gold and that rallies toward the 1850 zone should be sold.
Over the trading day, XauUsd had 2 attempts of rising to that zone, in both cases bears quickly took control.
From my point of view, this is a very bearish sign and Gold could break under support soon.
In such an instance, the 1800 psychological figure is the most obvious target, followed by 1780 zone technical one.
Under 1850 Gold is very, very bearish
Over the trading day, XauUsd had 2 attempts of rising to that zone, in both cases bears quickly took control.
From my point of view, this is a very bearish sign and Gold could break under support soon.
In such an instance, the 1800 psychological figure is the most obvious target, followed by 1780 zone technical one.
Under 1850 Gold is very, very bearish
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