According to our previous Analysis gold formed a false breakout and rejected by Trendline of (B) at $1927. After that it came back to its previous levels and placed 4H below and Trend line (A) at $1910. which is also called Conflict area of 50EMA and Trendline. Clues we need: Rejection of Conflict area.(Price action traders activates) Need consolidation below Conflict area. ( for Dip) Break of 1888 for more confirmation. (Previous week PP)
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