Gold Analysis Converting into Bear Market 19 April 2023

As i mentioned it on my videos and previous analysis that gold and face short-term price decline and can possibility hit 1910 level in up coming weeks.

Well right now price has dropped from 2004 level to 1972 level which is almost 33 and 320 pips. 1976 was a critical zone and it is broken now, which is a clear indication that market has turned into bearish market. We are short from 2008 level. If you want to go into trade wait for market to retrace to 1990 level and then you can go short from that level.