After making a nice trend higher on the daily chart, price has stalled into a sideways box pattern.
After trying to make a breakout higher that ended in a fakeout, price is very much stuck at the moment.
The best play looks to be to watch this pair until price makes a clear break out of this congestion and shows some clearer price action.
Short at : 1712
Take Profit: 1660
Stop Lose: 1724
Following the trendline from Upward to Downward.
Resistant Level is 1680.
This is my 2nd analyse for XAUUSD ... I did not coppied from anyone
Please Like it and share for appreciation for me .
If Daily Pivot breakdown it will fall for Sport at 1645 ... My eye on 1700_R to 1600_S