Gold starts moving below the pivot and breaks suppot on trading yesterday, but still looks bullish divergence and the price is still in the previous demand zone.
First option: -Open long positions if the price breaks and moves above the pivot -TP 1 at the first daily resistance -TP 2 to the second daily resistance -SL in pivot or in the last swing low. -Wait for confirmation to open a position
Second Option: -Open short positions if the price goes to the second daily resistance -TP 1 at the first daily resistance -TP 2 is the first daily support if the price breaks down the pivot -SL at the second daily resistance or at the last swing high -Wait for confirmation to open a position
Third option: -Open short positions if the price turns out to be unable to break and stay above the pivot -TP 1 is the first daily support -TP 2 is the second daily support -SL in the pivot or in the last swing high -Wait for confirmation to open a position