XAUUSD Looking Bearish

<p>Gold is under slight downside pressure after the yellow-metal failed to rally while the price of silver moved sharply higher on Thursday. Technical analysis shows that XAUUSD is trapped within a large falling price channel between the $1,700 and $1,880 levels. Further heavy selling towards the metal appears highly likely if bears close the daily [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/356540-xauusd-looking-bearish/">XAUUSD Looking Bearish</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>