OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD yesterday had a fairly strong decline ~ $20 but still had a reaction at the resistance level at the 2032 area.
Today, it is likely that GOLD will continue to decline to retest the 2015-18 resistance zone, which also matches FIbo 0.618. Currently the STOCH indicator is also in an oversold state for quite a while, but because yesterday's closing of the D1 line GOLD is a mazubozu line with strong selling force, so wait for GOLD to reach the lower resistance zone, you should just BUY to test it, and wait for a response. If the candlestick confirms a reversal, you can get stuffed, but if it breaks through, you can stay out.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.