FX:XAUUSD   Gold Spot / U.S. Dollar
Hi All

XAU is now a seat between the black and orange resistors and it is difficult to determine which direction it will take

But I have a feeling that he will come down and test the blue resistance after it penetrates the black resistance

Otherwise, if it does not breach the two resistances there will be an opportunity to buy as shown in the analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.