Gold- pressing on support

٨ سبتمبر ٢٠٢٠

Yesterday I said that I'm slightly bullish Gold above 1925 and, indeed, the price had an anemical rebound from there.
Although it was off day on markets, bulls seem to have lost control at this point.
A break under 1920 would clarify things for bears and a new aggressive leg down could follow.
My target is 1850 zone for sell positions.
Buying power and a daily close above 1950 would change my bearish outlook