MARKET OUTLOOK ON GOLD (XAUUSD).

Here is the market outlook on GOLD in hourly timeframe. Strong sell is expected after break and close bellow the trendline in pink. Price is mostly likely to move down to around 1823 level. It may further extend to around 1820 level. At this level is where we will be looking for buys. There many factors of confluence for price to reach this level, but you can try checking with general market structure, support level, FIBBONACCI and wave counts.