XAU MACRO UPDATE

XAU has dropped below the macro point of control (POC) and the value area low (VAL) of the local range, which, in my assessment, signals a bearish indication. I currently anticipate a correction towards the next support level.

Should this level fail to hold as well, my attention turns to the next significant support level at 1800. tradingview.com/x/QwU1pcuG/]