Gold Price Reversal

Price reached the strong downtrend line. It is a place where the market can reverse and continue the main down movement. RSI is in overbought zone and confirms price reversal. We can sell below 1280.00 with stop above 1300.00. Profit target is at the support level 1250.00 and the uptrend line. As for long trades, we'll have buy opportunity only if price bounces from the uptrend line.