GOLD is very bearish. The trend line has been broken and we could see the price moving down.
After the break of the trend line gold started to move down. Q L3 and M L4 are the first targets where price could go. If M L4 breaks we could see the move down to Q L4 level 1752. Gold is sold on rallies as each rally towards 1830 has been sold.
The Analysis has been done with the Black Widow system.