Gold - New Falling?

The market reverses. If we look at the daily chart, we are going to get a reversal candlestick pattern. For this, the close price of the daily candle should be not far from the current rates. RSI and MACD histogram confirm the price reversal. In spite of bullish DMI, ADX line falls, and it tells us that bulls are not so strong now. There is only one local support at 1310.00 which can hold the market. But if the price breaks it, we should be ready to see the falling to the lower support zone formed by SMA50 and the uptrend line. If the price continues falling and can pass this zone, the next important level will be at 1300.00 support. This correction can be used for searching for possible buy opportunities based on reversal signals.