GOLD Surging strong Bearish momentumGoldOANDA:XAUUSDMR_GOLD_12Gold is currently in a strong bearish trend, with price consistently forming lower highs and lower lows. The market recently experienced a sharp drop, confirming strong selling pressure and weakness in bullish momentum. Technically Gold price are track on weekly fall more then pressured by Strong dollar and amid hopes for further interest rate cuts in the near term today Friday fallowing the step two day on worst weekly bearish attempt. If price fails to break and hold above resistance, the downtrend should continue The arrows on your chart clearly show a continuation pattern, suggesting another leg down after consolidation However, bullish strength is currently weak, so this scenario is less likely unless strong momentum appears. You may find more details in the chart, Trade wisely best of luck buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.