• 🔽🥇🩸 Gold hit a new low of $4,116, shedding approximately $185 from the session high of $4,300 in a single day.
• 👇🏹⚠️ Two attempts to rebound toward $4,165 failed, signaling a firm grip by sellers; the path to the "Head and Shoulders" target of $4,000 is now open, barring Wednesday's inflation data coming in cooler than expected.
📊 News Impact: Bearish for gold, bullish for the dollar.
• 👇🏹⚠️ Two attempts to rebound toward $4,165 failed, signaling a firm grip by sellers; the path to the "Head and Shoulders" target of $4,000 is now open, barring Wednesday's inflation data coming in cooler than expected.
📊 News Impact: Bearish for gold, bullish for the dollar.
