GOLD esting resistance

The gold price is showing quiet negative trading, gradually moving away from the 1963 level, reinforcing expectations of the continuation of the downward trend during the coming sessions, with its next target at 1943, stimulated by the negativity of the Stochastic indicator, which is clearly visible now, with a reminder that the continuation of the downward wave depends on stability below the 1963 and 1981 levels.

Pivot Price: 1963
Resistance prices: 1981 & 1998 & 2017
Support prices: 1943 & 1931 & 1912

The general trend expected for today: bearish


timeframe: 4H