An interesting ambiguous scenario on G/A.
The capacity of the sellers to at level 0 to continue the downtrend seems unlikely given the reaction of the buyers in the last up vector from level 1 labelled as a potential disruption of the notion of trend (unable to create a new lower low).
In saying that, around level 0 we have the breach of support that confirmed...
Uptrend continuation confirmed by the break above the minor high at 2334.812.
Buyers from 2280 are still in control of the market.
No substantial evidence that indicates sellers taking over for the time being
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30 minute timeframe analysis and forecast
1. Major Bearish Trend - High N0. 1, Low No. 2
2. We are currently in a Minor up trend
3. Zone 1 and Zone 2 are potential reversal levels. Zone 2 being the higher probability level given the strong sellers originate there.
4. The center line of the White Pitchfork and the outer line of the blue pitchfork also...
