@mrr8344, I think so... It will give sellers hope... And buyers will come in looking for value... World economy isn't getting better.. But keep eye on stock market.. If it crashes big then gold positions may be liquidated to cover losses... As it happened in march
Would wait to see what the next candlestick represents, looks like it’s rejecting current push up. This same area was rejected before and seen a bearish trend occur. Could be a good opportunity to sell as well.