Price shows us fake out near Lowest point of consolidation
There are 3 scenarios here :
1. Price fails to return for bearish, it shall has weak downward movement toward 1218 (buy)
2. Price returns for bearish, it shall has weak and little upward after reach 1218 (prepare for sell)
3. Gold remains stable, with bigger spread of consolidation (make fake out again after break Low)
My Take, buy
There are 3 scenarios here :
1. Price fails to return for bearish, it shall has weak downward movement toward 1218 (buy)
2. Price returns for bearish, it shall has weak and little upward after reach 1218 (prepare for sell)
3. Gold remains stable, with bigger spread of consolidation (make fake out again after break Low)
My Take, buy