GOLD (XAUUSD): Detailed Technical Outlook 🥇

٢٨ يونيو ٢٠٢٣

https://www.tradingview.com/x/dZq6X2x4/

Here is the update for Gold ahead of Powell's speech.

The market is trading in a bearish trend on a daily.
Last week, the market broke and closed below a wide demand area.
The market dropped after a retest of a broken structure.

Analysing the intraday perspective, we may spot a test of a local low now.
1909 is a minor support.
Its breakout will trigger a further bearish continuation.

Next goal will be 1900.

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