hello guys , this is the 15 mins chart of the gold and i think price is moving down to the 0.5 fibo level that is a strong support level and in the 1924 to 1928 area u can open a good long position and the first target would be 1950 .
as we see from four hour chart the price has been strongly rejected by the channel's top and moved down to the channel bottom and we could open a good long position with a target on the zone defined , if the price can break out in each side then we can use price action for long and short
as we see from the four hour chart the parice has been rejected by the massive channel's top resistance and now struggling with fibo 0.382 level support , if it can pass this level it can fall sharply .
as we see from the four hour chart the price has broken the ascending channel and also the pull back is done and it is ready to fly higher . there has been a strong support on the top of the ascending channel .
as we see from the four hour chart , the price could not break the fibo 0 level (1982) and may move down to its first target (1970)
if it can break the 1970 it would move down to 19850 . till the price is under the 1982 the bears are stronger than the bulls .