Gold is going down at 1330 and if not then most likely around 1350
There are a few demand zones ahead but seeing how strong the trend is I'd probably wait for it to go even more down to the green zone which is weekly demand level.. But it could very well bounce off any of the 4hr zones highlighted in yellow
trend is sideways lets see which trend will be broken, then enter zone
Price might go through the first red supply zone or fall down, and if the first occurs then will most likely reverse upon reaching the 2nd red zone
Seems to be bullish for quite some time now.. Let's see what happens to the zones!
Broke the downtrend and starting uptrend Enter in the highlighted demand zones
Just drew some trendlines, interested in seeing which one will break first