TraderNeoh

XAUUSD (Gold) - Another Sell Around 1830-1835?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi Traders. In yesterday's Gold analysis, i talked about multiple scenarios so that you can be prepared for various situations.

As Gold is currently chopping around 1830 - 1835, it's exactly when we should be observing rather than jumping into different positions.

1. Gold is still moving back & forth around 1830 - 1835, it could always reject then move back to the previous low at 1810
2. If price continues to push upwards, be aware of possible choppy condition as price goes into some range bound environment



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