as I see, crossing of any line downwards will make bears more stronger and vice versa. let see what bulls can do above 2164.
if this line crossed then bears will be welcomed for 2100.
in my view this triangle is to be followed which eventually will be break either side, Bullish or Bearish. but as i see it will go bullish after touching the ground.
The eagle dives for the prey and then goes back to the skies. the fundamental and technical analysis tells the story of flying high.
I think Gold will retrace to 2130
According to the last Bullish move from 2026 to 2195, the fibo retracement of 23.6 tells about 2155 where the market is right now next is 38.2 which is 2130.