We've been following GOLD for a while now, the pair doesn't seems ready for the possible bullish continuation yet.
Price is still trading in this BULLISH FLAG outlined on the chart, we saw rejection from the resistance of FLAG, and now we've this small range bond zone between @ 1820.00 and @ 1861.00
A push below @ 1820.00 with retest holding will set price lower with target at @ 1765.00 and maybe below.
While if the support hold, a push above @ 1861.00 will definitely set price higher possibly anticipating price to clear the resistance of the BULL FLAG with continuation to all time high @ 2071.00 and beyond.
Price is still trading in this BULLISH FLAG outlined on the chart, we saw rejection from the resistance of FLAG, and now we've this small range bond zone between @ 1820.00 and @ 1861.00
A push below @ 1820.00 with retest holding will set price lower with target at @ 1765.00 and maybe below.
While if the support hold, a push above @ 1861.00 will definitely set price higher possibly anticipating price to clear the resistance of the BULL FLAG with continuation to all time high @ 2071.00 and beyond.