GOLD (XAUUSD): Massive Breakout 🥇

Short

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

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

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Yesterday's US news turned out to be very bearish for Gold.

The market formed a high momentum bearish candle and violated
2 horizontal support and a major rising trend line, and successfully
closed below them all.

The broken structures compose an expanding supply zone now.
We may see a retest of broken structures with a consequent
bearish continuation.

Next support - 1979

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GOLD (XAUUSD): Massive Breakout 🥇

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