GOLD (XAUUSD): Important Bearish Confirmation?! 🥇

Short

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

Updated

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

Double Top or Bottom Support and Resistance Supply and Demand Gold XAUUSD goldtrading goldanalysis goldsignals goldtrader goldtradingstrategy Contains image

doubletoporbottom supportandresistance supplyanddemand gold xauusd goldtrading goldanalysis goldsignals goldtrader goldtradingstrategy containsimage

snapshot

This week wave very bearish for Gold.
Since the market opening, the price was steadily falling.

I spotted a confirmed structure violation on Friday -
the market closed below 1942 - 1971 demand cluster.
It turned into a strong resistance now.

I will expect a bearish continuation lower to 1910

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Comment:

The market opened without gaps, retesting the broken structure.

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