Bulls Vs Bears 2:1

After Quite a Volatile Week full of Data, Gold has still failed to Find a Direction.

2050 2055
2015 2010

Mark these Zones

Bears and Bulls both would be eyeing 2050 2055 Zone to Make a Comeback.

A. If Gold Respects 2050 zone
2 Possible Scenarios

1. Gold tests 2015 - Possibly Bulls may try to make a comeback after some Consolidation where again 2055 zone will be Crucial.

2. Gold tests 2010 - Bearishness could intensify.

B. If Gold Breaks 2055 zone on the upside

Bullishness could intensify.

Going By the Probabilities and Levels

I'm expecting Either A1 or B to Play Out more than A2.