seems to be bouncing off a key level, more conformations needed to confirm bearish movement
Price has reached the weekly trendline to bounce down in a bearish direction
Based on what price is doing, we see the market moving in a bullish direction with a constant rejection of level 84.000 confirms the bullish movement.
Gold has been rejecting the downward trendline and has broken resistance line of 1300.000
Bearish trendline has been broken and the following day has closed bullish, this confirms bullish movement. Will be entering with caution.. Risk Management will be applied
Has reached and rejected a key resistance and is showing signs of bullish movement
Price has rejected level 109.000 and is pushing higher to bounce on the weekly trend line for a long bearish movement
