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Gold major support broken, possible bearish drop!

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Oro al contado/Dólar estadounidense (FX:XAUUSD)  
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FX:XAUUSD   Oro al contado/Dólar estadounidense
Trend Analysis Harmonic Patterns Chart Patterns XAUUSD xauusdlong xauusdshort xauusdbuy xauusdupdates xauusdsell Forex forexsignals
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trendanalysis harmonicpatterns chartpattern xauusd xauusdlong xauusdshort xauusdbuy xauusdupdates xauusdsell forex forexsignals
Gold has broken a major ascending support-turned-resistance line and this has triggered a potential bearish drop from here below major resistance at 1332 (Fibonacci retracement, horizontal breakout level, pullback resistance) towards 1305 support (38.2% Fibonacci retracement, horizontal pullback support).

Stochastic (55,5,3) is seeing major resistance below 99% where we still have good downside potential.

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