XAUUSD

GOLD is rangebound at the moment. Testing key resistance trendline.

Break above Trendline will open up 1992 challange. In this case take a buy after confirmation.

Break below 1900 Zone will open up 1860 and 1816. Take sells after price retests 1900 and support becomes reistance.

Kommentar:

Gold price has broken above resistance trend line and now coming back to retest trendline as support.

If the trendline hlods as support around 1945 this will be a good area to take a buy with a tight stoploss at 1935.