GOLD: TECHNICAL ANALYSIS SUMMARY | NEW BEARISH PULLBACK ?

After the great Rally (Reversal from Bearish Channel) started on August 21, the price is now at 1820.00, where it finds two dynamic resistances that could reverse or perhaps stop its path. Recall that the price has long been in a downward trend and that the impulses we are seeing, are bearish retracements. We can also note that the Stochastic and CCI indicators present a situation of Oversold with divergence. Volumes are positive but declining.



Is this the time for a new Bearish pullback for the gold?