Since the 18th of April top, Gold has traded in a downtrend with lower highs and lower lows on our chart.
However, the recent lows are marginal and an up move can follow.
As long as the 1830 low is intact, Gold has a high chance to reverse and the 1900 zone can be bulls' target.
A new local low would negate this scenario
However, the recent lows are marginal and an up move can follow.
As long as the 1830 low is intact, Gold has a high chance to reverse and the 1900 zone can be bulls' target.
A new local low would negate this scenario
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