bull want to target 2013$ but under 1985 potential drop to 1960$

In the previous chart, I said there is a potential 2002-2005$ retest and it is more likely to hit 2012$ than retest daily support in 1960$ (if the price rejected under 1992)

so bigger chance to retest 2012-2013
but if drop under 1992 and lower than 1985
it might start the bearish signal on lower frame and 4h might start reversal signal trend too

probably depend on 4h candle close under 1992 or not

Comment:

In my opinion bull still under control for 3 hours, it will keep moving price to stay above 1992

but that spike to 1986 really nasty and valid when I see it under 4H TF, right now 5min 15min 30min 1h ready for bearish trend, it's all depend on 4H candle close and next 4h candle (stay above 1992 or not)

Comment:

Gold still teasing people with sideway near 1992 area

But thats not good signal for bear
Bear need under 1985 break support to validate the bearish trend

So it better to modify the view a bit
Not under 1992 but under 1990 needed

Comment:

Gold under 1990
Break 1985 support right now testing 1985 as resistance with only 5min TF bullish signal

Other TF 15min 30min 1h still bearish signal

Comment:

surprisingly it choose 1988 as resistance before continue to drop but at least there is bearish signal there
also sl hunt before real drop