XAUUSDHello dear traders.
Gold has given mixed signals. In my opinion it is still under bearish pressure but with lack of strong downtrend momentum right now.
10Y and 30Y yields and DXY are green, so this has already pushed prices down fomr the multiple times checked 1670 level. 1670 was great for 50 pips sell.
On the other hand there is the 4H ascending trendline and at the moment while price lies at the support. It could easily bounce back up.
But, my blue arrows indicate a weakness to form hi
