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While the market looks to be bearish, I have just discovered that price bounced off 1782 which is bottom of the channel.

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Gold has dived hard in the last few days. About 43 dollars. Looking for a 50% retrace on this, on or before NFP to confirm bear takeover in the market. 1789 region holding steady as a rock, providing resistance for sellers, and possible support for buyers. If price breaks below and rests below 1782, then the trend may be long term bearish. Thoughts?

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Could it be resistance on the trend line. 1800 still holding strong. Price was quickly rejected at 1806 region. Was it a pullback?

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Price seems to have found support at 1795, which is on the 100MA. Waiting for further volume, either through a pullback to 1805, or from the NFP. Hmm, we wait

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Price seems to be moving within trend, expecting resistance at the trend line and the resistance zone at 1797-1790 area.. If it breaks below that then we may be seeing bearish pressure taking over and a fall towards 1770 area might be imminent, pivotal in unlocking 1700-1690 area OANDA:XAUUSD