TraderNeoh

XAUUSD (Gold) - Avoiding Choppy Market?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi Traders. Gold has been in a relatively strong short-term downtrend since the breakdown below 1790 structure.

For the past few trading days, I've been trying to avoid putting too much attention on Gold merely due to the current choppiness.

Price Action's looking choppy, doesn't have any clear directional bias in the short-term.

So, for now it's better for us to temporarily just observe Gold, then see if we can either break above or below the current tight range.


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