Gold (XAUUSD): The Correction! 🟡
Gold went too overbought on Friday.
The price finally dropped, forming multiple high momentum bullish candles.
The market broke a minor rising trend line and closed below that.
It looks to me that bears may push the price even lower on Monday.
Next support will be 1989
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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.