The market will be a little bit bullish because of the number of forces preventing it to penetrate 132.636 that's why it was expected to turn otherwise. Double bottom was formed at 131.449 which gave hope that the trend will bounce back close to 134.091 before it will turn bearish. If you can check the trend direction since from 24 March, 2020, you will see that...
Gold will start falling bearish against USD due to the high momentum formed at 1402.53 and hit a resistant level at 1550.48. XAUUSD is going to fall until it hit a support level at 1425.19 (SL 1) or 1386.80 (SL 2) respectively.
