The XAUUSD is going through some psychological pressure base on the advance of DXY, a much more sell off can be anticipated for.
After a flag pattern that precedes the NFP heavy dump on XAUUSD, i will be selling Gold pretty hard and targeting the previous demand area 5th of Jan and 23rd of Dec.
You might want to keep a close eyes on XAUUSD for now.
I am still bear on Gold unless we break the 1830 level..
Price once again rejected that level and now is sitting on daily support..
That may mean a drop will take a while but looking at the weekly and seeing the 233 sma (red) so far below, its likely.
The arrows are pointing to the fibs i believe can get hit
the stochastic oscillator are is showing...