Gold is looking ready for a extremely bullish move backed by trendlines, failure to break the 23.6 Fibonacci retracement and an overbought dollar. But the main reason for the buy opportunity now is the inverse hammer on the daily chart that gives the final signal of the rising potential
Currently sitting perfectly on the uptrend trend-line that can be see on the hour and above chart lingering on 23.6 Fibonacci retracement too, if it fails to break it it will make its way up
-Omar