Gold: Bullish Divergence and Possible Trading Opportunities

The price bounced from 1484.00 and broke the downtrend line. We got a bullish divergence, which tells us about a trend reversal.
If the price breaks the nearest resistance level and SMA100, we should be ready to see the upward movement.

For confirmation the further falling, the market will have to break the local support at 1484.00 and move lower.

It will be possible to use both breakouts for opening trades, but it will be high-risk trading. The market looks unpredictable now, and it can move in any direction. Be careful and use the proper risk management strategy.