guys check this idea, i think price just finish the correction abc, could be ready to start a new wave. you can see divergence at the bottom of C, anyway i wont feel confortable opening a long trade before the downtrnd broke, i will do it after, around the yellow elipse
triangle break out and bearish flag, looks like a sell 4 me. check this out.
gold rejecting from the 61% fibo level on 1d frame check this chart
im thinking on buy after price reach the yellow zone. if you dont know how to confirm a break out you will lose money.( doesnt matter when you read this)