Gold cracked our trendline - #gold #xauusd

٢٢ أبريل ٢٠٢٢

Gold finally cracked our trendline to trade lower in the 1935 range. As we have mentioned all week, if that trendline didnt hold than we are likely to move lower towards the next POC range which was around 1925-1935. Its likely that gold would maintain a neutral status and likely continue to consolidate around this range further before we establish any meaning direction in the gold market.