✴️ GOLD Daily timeframe. February 20

The gold touches the level of 1824 (strong consolidation resistance), makes a false-break and closes on Friday at the daily high, and today, since the session opening, the gold renews the local high.

1) False breakdown of the support at 1824 may provoke ending of the correction and resumption of growth.
2) Friday's candlestick closes above the opening and above the opening and closing of the previous day. Buying potential appears.
2) Price is in the 1869-1824 range, support has already been tested. Resistance is the target
3) The local trend is bearish, if the 1860 zone is broken through, the change of the local trend is possible.
4) Global trend is bullish

We are guided by the situation. At the moment the market is neutral. We are looking for strong levels to open positions.