Gold: Strong Trend Reversal Signal

The price is at 1500.00 round-number support. The price action in this zone will be important for further market movements. If we get a reversal signal, we should be ready to see the continuation of the uptrend.
Do you believe that the market has the power to move higher? Share your ideas in comments below this post. Let's discuss.

The price diverges with MACD and RSI. It gives us a strong trend reversal signal like a bearish divergence. It is not the perfect example because of an extra swing high, but still, it can be workable. If so, we should expect the breakout below 1500.00 with the further downward movement to the nearest support zone. This zone is formed by 1450.00 support level and the uptrend line.

How to trade?
If the price bounces from 1500.00, it will be possible to buy based on signals from low timeframes. Stop orders must be placed below 1500.00 support. The profit target can be the local swing high based on the daily timeframe.
If the price drops below 1500.00, it will give us short opportunities. Stop orders must be placed above the local swing high. The main profit target should be at the support zone.