as we have seen on gold last weeks it probably will continue to respect that HTF move and the trend line, also gold to go up it needs to atleast tap 2070 area or below....
as we can see gold failed this week to make new all time high after yesterday's news of CPI. on technical analysis it clearly heads to go down unless it surprises us on fendemantal one.
This technical analysis sounds promising! Here's a breakdown: Support Line Test: The price reached a level (support line) where previous buying pressure halted the decline. This suggests demand for the asset at that price point. Retest of Support: The price dipped back towards the support line but didn't break through. This retest can be seen as a confirmation of...