Technical analysis of GOLD 05/06/2022
Gold has broken through the support of 1900.00 (61.8% Fibo). The price dropped to 1850.30 and is currently in the 1875.00 area.
The technical picture shows the transition of the correction into a downtrend and suggests the development of a decline in the area of 1785.00.
Resistance is the level zone 1900.00.
Created by Joshua Hayn