Gold Remains Bearish Short

GOLD / U.S. DOLLARICE

Description

⋅ Dec 14, 2023 10:52 AM

Last Friday, FX_IDC:XAUUSD broke out of the uptrend and retested it yesterday. Simultaneously, it retraced to Fibo level 38.2%. The bearish momentum is strong, which might push Gold to $1930.