After reaching the 2450$ zone, xauusd XAUUSD faced a huge sell pressure that led the gold price to fall into the 2326 zone sharply. We believe the price has more room to fall more until it reaches the 2250-2260$ zone.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
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.