After a Sharp drop to the 1.3350 zones, Gold Ended at 1.3410

After a heavy drop to the 1.3350 zones, Gold has found a consolidation area around the 1.3410 zones. The price is still bearish, and bears are still in charge. However, for bearish momentum to persist, the price would ideally stay above 1.3453, the resistance zone close to M L4 camarilla pivot. At this point, we can see that the price is trying to reject from the zone, and the break and the daily close below 1.3400 will cue for more bearish momentum. Watch for a continuation lower towards 1.3350 retests than 1.3322 and 1.3274.