Market Watch: GOLD Analysis - 08.04 The short-term downtrend in gold continued yesterday. As a result, all selling targets from resistance (A) 3048 - 3041 were reached. The lower Target Zone 2957 - 2936 was also reached. Large sales were closed in this area and the price went into an upward correction. If the correction continues today, we can expect a test of resistance (A) 3033 - 3026. After the test it will be favorable to consider new sales with the first target at 2995 #GOLDTODAY##WALLSTREET#