Gold has touched SMA50 in the Asian session where it declined again to trade above 1062.00 and above the main support line.
ADX shows weak direction and RSI is negative below 50.00 without bearish confirmation.
Only, moving avengers are negative, but a break above 1078.00 will be a bullish sign.
Support: : 1055.00 – 1050.00 – 1045.00
Resistance: 1078.00 – 1090.00 – 1101.00
Direction: Neutral