XAU/USD trades in the red on Wednesday, and technical readings in 1H chart suggest the slide may continue. Technical indicators are crossing their midlines into negative territory with modest downward slopes, yet at the same time, Gold extends it decline below a directionless
The 1 hour chart shows that speculative interest is bearish, with the nearm-term bounce reflecting some profit taking.
The 1 hour chart shows that speculative interest is bearish, with the nearm-term bounce reflecting some profit taking.