GOLD XAUUSD Chart Technical Outlook it stalls at support, DXY and US10Y stalls at resistance.
Gold is close to the bottom in the short term, but the recent deep correction this week argues against the broad bullish bias. I changed my long-term bias to neutral. In the daily chart, there is a potential double-top formation in progress (not confirmed yet). The strong bearish candle of this week shows a loss of the bullish momentum.
