Gold trades near 1102.00 resistance, attempting to incline, while ADX shows decrease in bears’ power and thus, we need a move above the aforesaid level to be bullish.
ADX moves above the value of 50.00 and that is also a positive factor, but we will avoid trading despite moving above 1090.00 until we get more conformations from the chart.
Support: : 1095.00 – 1090.00 – 1080.00
Resistance: 1110.00 – 1119.00 – 1136.00
Direction: Bullish attempt, but we will avoid trading.