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GOLD (XAUUSD): Important Breakout & Bearish Scenario Explained🥇
Gold Spot / U.S. Dollar
Short
GOLD (XAUUSD): Important Breakout & Bearish Scenario Explained🥇
By VasilyTrader
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Aug 10, 2023
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https://www.tradingview.com/x/3WSkQheB/
The thing is that Gold broke and closed below a key daily structure support yesterday.
The closest strong support now is 1907.
Taking into consideration the fact that the market is bearish since the middle of July,
probabilities are high that the market will keep falling.
Next support: 1907
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Candlestick Analysis
forecast
futures
Gold
goldshort
goldtrading
Silver
Supply and Demand
Support and Resistance
trading
XAUUSD
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