As shown in the chart there is 4 important level wwhich is respected by price , so now it is expected for price to bounce again from 1904 level to reach 1924-1929 level , or price will move below 1904 to reach levels 1889-1884.
Comment:
As we see in above chart price was moving below the EMA 200 and 50 , so it confirms the bearish bias for Gold.
Comment:
Comment:
Gold now has been reached at the identified level 1885.