price been moving in corrective triangle and this perfect cup and handle could be the last corrective wave before pushing towards the south .
Could There be a retest or Direct Continuation towards Down Side Its going Down
Three different indications could help the bears to move price to 1.2
The price action seems so Soothing Lets wait for Retreat and then we can Help in pushing the price more Down
The setup sees so promising Full of Flow
Price seems to be following Fibbos level and possibilities are 5th wave in progress .
after a reversal it seems to be Its making wave Z Correction a sign of proper candle stick can get us long with wave 3
I usually don't trade Gold but This seems kinda a good picture of It :D Suggestions are always welcome :)
it seems to be the price have made a move to show the rejection at trend line along with that its also making a corrective wave
Seems the possible direction for this could be any SO keep your stops tight