XAUUSD - Gold - Trading Range 1 hour chart under development
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XAUUSD - Gold - Trading Range 1 hour chart under development - Intraday short term position could be considered if price starts to accumulate in the value area and builds cause overnight and breaks out to the upside. Gold is currently at a historical resistance, so high volatility can be expected on both sides of the market. Ultimately I am expecting price to go a little higher before retracing / correcting for a month or two.
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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.