Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
As Gold was bull flagging, completing an A-B-C-D-E wave, it also formed a reverse H&S, Several bullish hammers on the lows (also contrasted to some bearish on the highs) And a breakout of a trend line. What more would you like? In my opinion the trend is bullish for now. But please keep showing contrasting idea's as we shouldn't get too biased.
Good Risk/Reward...