Clear down trend on daily chart
Price consolidating at 0:00 UTC, key gold area
Price is closed below .38 fib level indicating end of bullish momentum
Price is consolidating at halfway through .78 on monthly fib level
Price consolidating at 0:00 UTC, key gold area
Price is closed below .38 fib level indicating end of bullish momentum
Price is consolidating at halfway through .78 on monthly fib level