GOLD (XAUUSD): Important Breakout ๐ฅ
https://www.tradingview.com/x/crhFUlbs/
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
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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