At the end of last trading week, Gold has one more week of decline from 1899 to 1851 ($ 48). It is the next down week for Gold but we can see that the price zone that I keep mentioning that 1850 is not broken..
Gold had a day of decline as analyzed by the end of yesterday's session when it went back from 1884 to 1863 ($ 21) closing the daily candle at 1871. I personally commented on the closing price of Gold.
In the Asian session and the European session yesterday Gold was sideways around the price range 1893-1884 (amplitude 9 prices). And only when it was near the end of the US session last night did Gold have a decline and go down to the price range in 1976..
On Friday, the S&P 500 index closed at 3,582, which is a record high following a second straight week of gains....