the pull back proves an impulsive move tothe bullside... 89% Buying chance..
SHORT / 🔻 Provided with the current up rise and fall offs, gold can hold a short with proof of a retest and a long with retest as well. High chances are for the short position since the market has been over bought.
Gold (XAUUSD) continues to the bearish sentiment towards a minor support to proceed with an impulsive move of the Bulls that will break the resistance.
A presuming uptrend to the weak high. XAUUSD(BUY) Now!
A cover up to the resistance line is about to create a short / draw down of bears to the 1st mutual support line zone and to continue up as a coverup for the liquidity
Next entry strong buy to spike soon then to head to the downside.
XAUUSD GOLD under 1H has retested and an uptrend continues to the resistence line.