amazing price action right now in gold ....in H4 time frame formed a descending triangle more chances of upward .....also 61.8% fibbonacci lavel at 1861 if both break then ready for bull ride
gold is on the important 1hr trendline and if it holds gold will go for 1888-92 ...and if not hold that trend line it can test again 1785-1805 price range
gold just broke trendline and starts gathering supply and also a pin bar formed in day time frame .....so conclusion is that its going to be bulllish
gold pretty seems to be bearish ...keeping a near by target of 1850 ..just broken short term trend line...not able to break resistance area around 1912 and 1892...