In yesterday’s trading session, precious metal Gold made a new bottom when it dropped to 1830. Closing the daily session with a bearish candle around 1835. With this decrease, Gold is likely to under further downward pressure in today’s trading session.
On the H4 chart Gold is recovering after falling to 1830 but in my opinion this recovery will not be too strong and we wait to sell down. Expected level to sell down is around 1842-1848. Safe target above 1830 zone and 182x expectation.