Gold is now strong bearish
That said, it will still be prudent to wait for a convincing break below the $2,700 mark before positioning for any further losses. The XAU/USD might then accelerate the corrective decline towards the $2,685 intermediate support en route to the $2,672-2,670 strong horizontal resistance breakpoint
Gold sell from 2740
Target 2700
Traders if you like this idea or if you have your own opinion kindly tell me in comments we will be glad 😊