. There is a possibility of temporary retracement to suggested Resistance line (2036) or also on uptrend breakup. if so, traders can set orders based on Price Action and expect to reach short-term targets.
. XAUUSD is in a range bound and the beginning of down trend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The is at 45.
TP1= @ 2023
TP2= @ 2009
TP3= @ 1983
TP4= @ 1963
TP5= @ 1947
SL= Break above R2
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