💛Is gold heading to $2,500 or $1,700 first?

At the moment gold is making a series of higher lows and lower lows and is currently in a down-trend. There is a lot of overhead resistance around $1860 in the from of trendlines and 50,100-200 moving averages.

Until gold can manage 2-3 daily candle closes above $1860, the trend is still down.