Correction for the gold over, bullish moves incoming ??

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Correction for the gold over, bullish moves incoming ??GOLD (US$/OZ)TVC:GOLDCrazyTrades247Price has retraced until 0.618 Fibonacci retracement level from the high of 4697, currently taking support of strong demand zone, from where price had bounced back multiple times in the past. There is a presence of bearish trendline which is also acting as a kind of rejection level. In the upcoming week the level of 4445 can play a huge role, its at the conceding point where the both bearish trendline and horizontal resistance or neckline are giving breakouts, & if that happens we would be open to initiate long trades, give there is enough consolidation before the breakout, to make the case for bullish outlook even stronger. Immediate support is at 4290 and immediate resistance is at 4445. overall structure is still bullish, and the biasness for the upcoming week is expected to be on the side of bulls, long trades would have high accuracy. For Educational Purposes only, Not an Investment Advice, always use strict Risk management measures. Regards CrazyTrades247.