First of all I have looked into short time frame between 1h to 4h considering technicals. With the technicals I have found gold is showing up some bullish structure.
Lets take a look into COT data now, Considering changes from 17th March Showing 523+ towards longs and -5927 towards Shorts. Which means selling pressure has reduced in a huge amount

Lets take a look into COT data now, Considering changes from 17th March Showing 523+ towards longs and -5927 towards Shorts. Which means selling pressure has reduced in a huge amount
Note
15 mins Structure showing an descending triangle in position supporting bullsNote
Daily chart with a rising wedge but price is running with a reduced bear pressure for few days. And also Dollar Index showed up weak moveClause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.