DMI bullish crossover After 1 year,
RSI Above 50 Momentum on the upper side ,
Heikin ashi OPEN=LOW Weekly candle formed.
Equity market is going to correct itself, Take a look at historical data every correction in equity results in bullish rally in gold.
Expecting a bullish move after breakout of flat top pattern till 52.29 levels
1. MACD is showing divergence
2. Trendline line bounce expected as before.
3. Consolidating in a bullish flag
3. Ascending triangle forming