After the long bullish gold market gold tapped out around 2400 with a tripple top(H4). Gold managed to break below the neckline and a fall off gold happended after the retest off the bullish channel.
Currently were moving in a smaller bullish channel wich cam from a bearish fall. Expecting bulls to weaken this week and another fall in gold might happen. If gold manage to break above 2365 again the sentiment will change and bulls will take over the goldmarket again.
Bearish midterm target lies around 2305. While bullish target might be 2400 again.
Resistance: 2344, 2352, 2364
Support: 2330, 2313, 2305