Good afternoon. According to GOLD / Gold / XAUUSD, at the moment it seeks to develop sales, the bears rejoice at the victory of consolidation below the level of 1500.00. BUT it seems they are happy early, the sales area of 1492.00 is not broken south and at the present time a bulls counterattack is possible with a target up to the level of 1523.00. We set stop loss for the level of 1485.00. So we are waiting for a fight and false sales are visible on the H1 chart. So we are waiting for a purchase. Good trading to all.


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