GOLD (XAUUSD): Important Breakout 🥇

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Ouro/Dólar Americano (OANDA:XAUUSD)

OANDA:XAUUSD Ouro/Dólar Americano

Trend Lines Support and Resistance Candlestick Analysis Gold XAUUSD goldtrading goldanalysis goldtrader goldsignals xauusdsignals xauusdforecast Contains image

trendline supportandresistance candlestick gold xauusd goldtrading goldanalysis goldtrader goldsignals xauusdsignals xauusdforecast containsimage

snapshot

The yesterday's retail sales data turned out to be very bearish for Gold.
The price violated both a solid rising trend line and a key horizontal support on a daily.

The broken structures compose a supply zone now.
We can anticipate a further bearish continuation.

Next support - 1979

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