#XAU #Gold Suffers Largest Weekly Drop in 43 Years
XAU Gold:
The support level of $4400, which we discussed in last week's live stream, has been broken. Looking back, last week's high was down 10%, marking the largest weekly drop in decades!
Short positions entered around $5025 last week, with an expected target of only $4800, have now reached $4300. $4400 has been broken, and the next key support level is around $4230. Watch the price reaction there!