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Breakdown then Retest then Drop again

Daily Chart
syot kilat

Gold XAUUSD has broken down the support and now it's on recovering path.

I figure out the confluence resistance around 1935 so I expect Gold will be failed when hit this level.

Gold can be downed lower at 1860

So wait and see what happen
Nota
syot kilat

Downing
Nota
syot kilat

Test and fail
Now, Gold's in Triangle Pattern
Wait for Breakout
Nota
syot kilat

Done target
Nota
syot kilat

On the support, wait for Long Position

Penafian