Gold moves out of the oversold zone, forming a false breakdown of the 1907 level. Indicators are signaling sales.
1) The trend is bullish (both locally and globally).
2) After the strong three-day rally, it is worth waiting for a pullback
3) Strong support is in the area 1876-1880.
4) In the medium-term gold growth may continue, but before this the price can form a rollback or the transition into a consolidation format.
5) At the moment the price is trading in a range between 1907 and 1876. Resistance has been tested, we expect a fall to support.
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