gold just reached a strong falling .
for now we see a positive reaction from that and this touch may initiate a strong swing move.
I will pay attention to a support line of a pattern.
in case of a daily candle close below its support, continuation will be highly probable.
goal for sellers will be 1860 (current daily low)
in case of a continuation above the falling , setup will be invalid.
That's my small man student thought. Please correct me where I am failing to notice something. I trust your opinion better than I trust mine.
That is why it is so hard to trade financial markets
While one trader has a reasonable bearish view
Another has a reasonable bullish
And both are correct