Evening update analysis for Gold 22-11-2021

Gold price faced strong negative pressure to break 1834.00 and reach the expected negative target at 1800.00, and the way seems open to continue the decline to break this level and suffer more losses on the intraday and short term basis, noting that confirming the break will push the price to 1770.00 as a next station, while consolidating above it will lead the price to attempt to recover and visit 1825.15 initially.