As we know, XAU/USD is a very volatile pair and is not always easy to identify its next movement. Currently, it is touching a supply zone after the breakout of a pattern and a double bottom that gave it the push to the baseline. Scenario A is the most probable, but if you know gold...you know that you can't exclude also scenario B.
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.
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.