After making a big push lower, Gold is showing signs of struggle taking out the 1200 level.

This area is a major support zone with the pair having been bid up several times from this area over the years.

On the smaller cycles, the pair has already broken a minor trendline. As well showing divergence in RSI as indicated by the eclipse.
Is the metal looking to bottom once again in this area for another leg higher?

XAUUSD - 1H Chart
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