ForexTrendline

Will the gold correction continue?

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
After a rapid decline at the beginning of the week, the price managed to stabilize and return to $1950 level.

However, this rise does not seem to have the strength to continue.
The most likely scenario at the moment here is to see at least a test of the previous bottom, and very likely a breakthrough.

The support levels are:
1907
1880
1850

Lowering the price to these and lower levels will allow for long-term buy!

What are your expectations?
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