GOLD (XAUUSD): Important Breakout & Bearish Scenario Explained🥇

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

OANDA:XAUUSD Gold Spot / U.S. Dollar

Support and Resistance Supply and Demand Candlestick Analysis XAUUSD futures Gold trading forecast Silver goldtrading goldshort Contains image

supportandresistance supplyanddemand candlestick xauusd futures gold trading forecast silver goldtrading goldshort containsimage

snapshot

The thing is that Gold broke and closed below a key daily structure support yesterday.
The closest strong support now is 1907.

Taking into consideration the fact that the market is bearish since the middle of July,
probabilities are high that the market will keep falling.

Next support: 1907

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