Testing a strategy so based on recent findings expecting a strong push down before we move up towards tested highs on Gold. Looking for entries in the grey area (key daily zones)
Bearish confluence so this may not materialise I am expecting either a push up or break down and then push up confluence on the H4, daily and weekly time frames big bearish candle suggests it may push down before back up.
The chart highlights a possible scenario only if price doesn't break and close above the resistance area and should this occur then a possible bullish move.