GOLD: Break Below Crucial Zones, What to Consider.GoldOANDA:XAUUSDVincePrinceHello There, an important chart on the gold price recently caught my attention. There is a crucial underlying dynamic that pushed gold below dangerous levels. Especially the drop below the uptrend line has been a key sign of massive bearishness entering. This also confirmed a trade on the short side. Currently there are many signs that gold will continue in the bearish direction. As seen in my chart, the gold price just dropped below this crucial uptrend line. Also, the drop below the 100-MA was a clear sign of the overall bearishness for gold taking over. Now, gold is likely to form the next bear flag in the range. With a pullback from the short entry zone as seen in my chart, the trade entry on the short side will be confirmed. Trade on the Short-Side Setup ENTRY: 4350 - 4380 MINIMUM TARGET: 4180 EXTENDED TARGET: 4060 MINIMUM STOP LOSS: 4490 The next times will be extremely crucial for the overall gold price. Especially when there is a massive pullback from the named zone, this will be a determined setup for the next bearish pressure to set up. With an acceleration of bearishness, the main target zones are likely to be reached. Beyond this level, a continuation of bearish pressure should also not be underestimated. In this manner, thank you very much for watching. Have a great New Year's Eve!