GOLD (XAUUSD): Intraday Perspective 🥇

Updated
snapshot

Hey traders,

Update for gold.
Analyzing an intraday perspective I spotted a horizontal trading range.
To catch a bullish movement, wait for a bullish breakout of its upper boundary.
You need an hourly candle close above to confirm the breakout.

Then a bullish move will be expected at least to 1972 level.

In case of a bearish breakout of a range the setup will be invalid.

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Check my new analysis on CHFJPY:
CHFJPY: Be Ready to Sell 🇨🇭🇯🇵
GoldgoldanalysisgoldideagoldlonggoldtradinggoldusdParallel ChannelRectangleSupport and Resistance

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