XAUUSD has been every bullish lately, and there is a possibility that this pair might head lower to have a breather. Currently we can see the pair forming a triangle pattern which indicates a breakout to any direction. I'm personally going to play this pair safe and wait to see what happens next. Happy trading!
Note
Looks like gold is going to head lower. I'm going to wait for the retracement back up into my kill zone before selling it.Note
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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.