Gold reaches the specified level and forms a false breakout attempt. A rebound may be formed. But there is a chance of a continuation of the fall from the level of 1825.
TA on the high timeframe: 1) Broken 0.5 fibo level. A strong fall is formed from the opening 2) The liquidity area that the price can test within the counter-trend correction is in the area of 1840-1850.
TA on the low timeframe: 1) We have a strong downtrend 2) The price cannot fall all the time. If there is a false breakout of 1825 and the price forms consolidation above the level, there may be a rebound to local resistance levels. 3) In the medium term, the fall will continue, but after a probable correction.
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