🥇 GOLD The correction phase is still active

Gold does not give us a quick reaction to the 1821-1830 liquidity zone. The price has not yet tested the rising support line, so we have to wait for the end of the correction.

1) Price is heading for a final retest of the strong line, which plays the role of support
2) The trend is still bullish
3) We look for the entry point in the area of 1815-1820.
4) At the moment the price is in the phase of correction, so this maneuver is controlled by the bulls
5) The only nuance - the price approaches the line very slowly, therefore there is a probability of breakdown of this support. The price moves consolidated.

We expect a false-break and the price returns behind the line in order to look for an entry point.