
GOLD XAUUSD Chart Technical Outlook is range-bound, bears can retest $2,300
Gold has been trending lower in a corrective structure, printing lower highs and lower lows. Prices stalled at a swing high from last week, as the USD index and US10Y stalled the recent sell-off. There is no sign that the correction in Gold is over. I expect more range trading. The short-term bias is to the downside toward $2,300. The following downside barrier is at $2,280.
Resistances are located at $2,330 and $2,350.