Gold declined below 1100.00 and 1102.00, which weakens the bullish scenario, but there are no signals for bearishness until now.
Trading above moving averages in addition to RSI stabilizing above 50.00 could be positive, but moving below 1100.00 psychological and below technical resistance of 1102.00 prevents us from being bullish.
We will be on the sidelines now and we will wait for a new signal
Support: : 1095.00 – 1090.00 – 1080.00
Resistance: 1102.00 – 1119.00 – 1136.00
Direction: Sideways