Gold continues its downtrend

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Hello wonderful new friends to Karina. What do you think about gold's next trend?

Discuss and strategize carefully today and make the trade!

Gold (XAUUSD) opened the trading session on Monday (July 29) rising to 2402.
But! quickly retreated and reached 2387 USD, forming a short-term resistance peak at 2400 USD. At the time of writing, the price is trading at -2392 USD.
In case if the price remains below 2408 USD then the selling target will be strong and the target is 2370 USD.

If you have any questions, you can write them in the comments section below and Karina will answer them.
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