XAU (Gold) Remains Bearish Below $3,912
Gold has fallen under $3,800 and is currently trading under selling pressure following the jobless claims news.
Gold is trading near a key support level at $3,860.
A break below this level could trigger another dip toward $3,818 and $3,810.
On the upside, Gold needs to move above $3,912 to recover toward $3,970.
As long as Gold remains below $3,912, the overall outlook remains bearish.
NFA
$XAU
Gold has fallen under $3,800 and is currently trading under selling pressure following the jobless claims news.
Gold is trading near a key support level at $3,860.
A break below this level could trigger another dip toward $3,818 and $3,810.
On the upside, Gold needs to move above $3,912 to recover toward $3,970.
As long as Gold remains below $3,912, the overall outlook remains bearish.
NFA
$XAU
