Gold to move lower based on 1 signal - $3610 next target
This is the signal: Trading volume yesterday, 23-March 2026, as Gold ($XAU USD) produced a lower low, was higher compared to 30-January, the start of the bear market and crash.
The fact that yesterday has higher volume reveals that the bearish move is not yet over. Gold will continue dropping and hit new lows.
When the final low is in, it will have less volume on the session compared to yesterday.
There is another one.
While yesterday all selling was quickly recovered and the session closed above the 2-Feb low, the previous lowest price since the correction, today started red and below this level. So Gold is no trading at its lowest based on the candle's body since the start of the crash.
The intermediate target-support sits at $3900. The main support level as this move develops is now $3610.
See the related publications to find more of my $XAU USD publications.
Your continued support is highly appreciated.
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