XAUUSD: SELLING OPPORTUNITY

↪️ XAUUSD is trading in a downtrend align with falling trend line and the price remains in a neutral biase. Nevertheless, since reaching a YTD high of 2081 the pair retraced sharply, below the April 13 high of 2048 which opened the door for a deeper pullback. Since then, XauUsd has fallen more than 3.5%, with sellers eyeing to extend its losses past the 2000 mark. Once cleared, the next support for Gold would be 1978... Trade safe 👍✅