#Gold hard rejection at "Golden Cross"
The "Golden Cross" right in the PRZ (resistance zone) pushed Gold lower. The overlap of 61.8 and 161.8 acted as a wall on Gold attempt to cont. bullish move. The recent PA is in line with the overall bearish trend. However, the breach of 1146 hasn't happened yet.
Since Gold made a new high, this Higher Low could show that 1131 was the bottom.
Since Gold made a new high, this Higher Low could show that 1131 was the bottom.