Jun. 7 at 9:39 PM
$XAU.X
$GOLD $GLD
Gold bulls in trouble?
Daily RSI not yet oversold, more downside possible
Price teased the mapped box but didn’t reach it—no cigar
Key now:
Blue path: must hold above
$4189 to stay alive, unlikely at the moment
Red path: break below
$4189 → straight toward sub-
$4000
My target since January remains: ~
$3800
If it drops below
$3900, I’ll consider buying for the first time this year
What’s your plan—bullish or bearish here?
