FX_IDC:XAUUSD Gold Spot / U.S. Dollar
Gold closed below 1760 support. What does it mean? Nothing yet. A single day closing is is not confirmation. It may be bear trap. Observe for two more days. If Gold stays below 1760, next is 1670 Fibo(50%). 1670-1765 was 3 month flat move last april-june, yellow circle. I won’t open new position until I got confirmation. Stay calm.