Gold reach pennant area where key price action going to happen. At 1 hour time frame we are able to see higher high and higher low which might symbolize a potential reversal to the upside where the price action going to test few downward trendline and key resistance.
Commento:
Correction on the chart for the upward trendline: Break below this upward trendline symbolize a new potential to reach a new loever price area where 1120 to 11250 will be tested again before heading to key level price at 1100 to 1105 area