GOLD XAUUSD- Market Update
XAUUSD has broken down strongly from descending channel, confirming continued bearish momentum.
Price is now trading blow bearish support and has entered area 4,455- 4,490
If sellers continue to hold control, a rejection from this area could lead to open way towards 4,400 followed by 43,50.
for educational purposes only.Not financial advice.
XAUUSD has broken down strongly from descending channel, confirming continued bearish momentum.
Price is now trading blow bearish support and has entered area 4,455- 4,490
If sellers continue to hold control, a rejection from this area could lead to open way towards 4,400 followed by 43,50.
for educational purposes only.Not financial advice.
Daily gold market analysis, technical insights & educational content.
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GOLD NEWS
Gold drop 3% as Fed's warsh comments lift rate hike bets
Gold drop 3% as Fed's warsh comments lift rate hike bets
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