, As we can clearly see the volume analysis back from 1720 to 1740, we can make out get the larger selling pressure was between the zone. For buyers to get a clean break through gold price has to succeed with a higher volume from its lower bottoms and surviving above 1740 with stable conditions only if gold is able to survive at 1740 levels buying rally could be triggered.
Majority of the trend of of gold shows trend is going downwards. It’s clear that bulls have lost the control but we are yet to see if the Bears are ready to Steppin. If 1720 level is not defended on Monday we should see Gold approaching 1680 levels