GOLDPIPSMAKER

Gold short to test $1830 and lower

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold tested $1850 supply zone during the first trading day of 2023 and was unable to break it. Gold bulls seems getting exhausted and we may go for a pullback. The support is found at $1830 which was tested earlier today. A slide below it could trigger a reversal and XAUUSD may test $1820.US dollar rebound will also have impact on the commodity. We consider selling gold and targeting $1825 and lower.

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