This time i definitely made an epic fail on GOLD. I was expecting a drop below the short term trendline, but i price went in the opposite direction and price pumped till the resistance level i drawed some days ago. I was studying this move, and actually i think that XAU reached a possible bounce level to resume the upside moves. Price actually is ranging above the short term resistance trendline (now support, retest completed) and it's also in a strong support zone on H1/H4 timeframe (the black box). I think that price could bounce now, otherwise a drop below the black box could give some short opportunity. I will watch the price closely waiting for a signal
