Gold
A nice rejection at the support level! A next threshold to cross is the trend line that has formed in the bear race. On this trend line we can consider an H&S type formation. After seeing a closed candle above the line, we can consider a long entrance. Good luck to all!
Nota
At this point on the 1H chart, it looks like we've entered an Elliott triangle. An attempt is being made to retest the resistance, and then, according to the theory, a change of direction would follow. I'm preparing for a long position.
Penafian
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