Mihai_Iacob

Gold could not hold gains

OANDA:XAUUSD   Emas / Dollar A.S.
In my yesterday's analysis, I've written that Gold could reverse to the upside and a clear confirmation of this is with the price above 1935.
Indeed, the price almost reached that resistance zone but the price reversed and bears took control again.
A break of the recent low would put bears in total control for the medium term and Gold could fall to 1860 zone support pretty quickly


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