XAUUSD This is what separates bullish from bearish.

Gold is having a Channel Up as the dominant pattern, that only broke upwards during the non-technical candle of December 4th that made the new All Time High.
At the moment it's been 6 straight sessions where it has failed to cross over Resistance (1) at 2048.50. Over this level we should expect bullish continuation.
Below the MA50 (1d) which has held during both Higher Low formations, we should expect a bearish break out and the emergence of a Channel Down.

Trading Plan:
1. Buy if the price crosses and closes above Resistance (1).
2. Sell if it closes below the MA50 (1d).

Targets:
1. 2100 (Higher High on a +6.50% rise, like the previous Bullish leg).
2. 1935 (potential bottom of Channel Down and near Support (2)).

Tips:
1. The RSI (1d) is basically printing the same sequence as the previous Bullish leg. It has to favor the uptrend.

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Notes:
Past trading plan: