GOLD (XAUUSD): Important Bearish Confirmation?! 🥇

Nov 12, 2023

https://www.tradingview.com/x/zrzvyv8E/

This week wave very bearish for Gold.
Since the market opening, the price was steadily falling.

I spotted a confirmed structure violation on Friday -
the market closed below 1942 - 1971 demand cluster.
It turned into a strong resistance now.

I will expect a bearish continuation lower to 1910

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Nov 13, 2023

Note

The market opened without gaps, retesting the broken structure.