There's a few indications for us to be bullish on gold:
Price is supported on the daily level at 1455 range
The selloff on gold is slowing down
Specifically, we can see accumulation with every sell off, which is signalled by the bullish green bars
Once offers have been exhausted, we should see gold soar from a series of covers and new entries
Comment
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Quick chart to show the daily support holding up.
Trade active
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Gold has rallied hard, currently still holding a long position:
Trade closed: target reached
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Gold continued to surge. Trade exited as price begins to stall. There is a fundamental driver of a gold shortage. Typically, price should soar when there is a "shortage" of anything. I could possibly be making a mistake for getting out where I did.