Looking at gold on the weekly timeframe it's clear to see that price typically finds very strong support from the 1900 price area, looking at this, we can expect price to continue down towards this level before rejecting and hopefully giving a bounce towards the mid 1900's (higher than where we are right now at the very least!)
Overall bias on gold is bearish, but 1908 is a good level of support for me to take a swing trade medium term.
Overall bias on gold is bearish, but 1908 is a good level of support for me to take a swing trade medium term.