gold price in February collapsed from 1959 than it went up vertically after SVB collapse and fed not QE
now price is again testing that level 1959 as support level while retailer traders were buying in fomo that gold will go above 2100
after recent fomc members comments June rate hike chance are again increasing if fed don't support one more hike tomorrow than that will be dovish sign for gold
Gold fell sharply again, the support of 1974-1969-1963 has been broken, and they have now become resistance. When the market rebounds here, you can try to continue to short. The lower support focuses on the previous 1947-1943-1934 range.