On the daily chart time frame we can see that Gold price -

In yesterday's session, precious metal Gold fluctuated in a rather narrow range of 1761-1750 ($11), closing the session with a bearish candle, but the drop was not significant, just moving sideways in the morning.  the range is narrow and only when the two bands are broken will the trend be really clear.

On the daily chart time frame we can see that Gold price is under downward pressure by the 20-day MA as the price is clinging to the descending MA20 and I personally lean more towards the downtrend of the precious metal Gold.  In the H4 time frame we can see that Gold is currently in the support of this sideways range and if the price breaks 1748-1750 to the downside, 1736-1740 will be the next level Gold is headed.

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