Scenario 2: reversal if the resistance holds up, in which case price can start making lower highs and lower lows down to 200ema and possibly beyond to break long term trend (unlikely to go Too far, given the weakness of the USD and no fundamental impetus to change this at the moment).
TRADING IDEA ---- NOT AN INVESTMENT OPPORTUNITY. ADULTS TAKE THEIR OWN RESPONSIBILITIES FOR THEIR ACTIONS! I DO NOT RECOMMEND JUMPING INTO ANY IDEAS PROPOSED HERE. THESE ARE NOT SIGNALS.