CONSIDERING THE MULTIPLE DAILY REJECTIONS, A VERY LIKELY BULLISH SETUP HAS EMERGED.
THE 20 EMA REJECTION ON THE 1HOUR ALSO WITH THE HOURLY CANDLES TRADING ON A NICE RESISTANCE PRESENTING A NICE ENTRY NOW.
TIGHT STOPS CAN BE PLACED BUT MUCH LARGER STOPS ARE RECOMMENDED AS GOLD IS VERY VOLATILE
NOTE:PROPER RIISK MANAGEMENT IIS ADVISED