XAUUSD , Continuous upward on D1.

XAUUSD , Continuous upward on D1.
-> H1: Break and confirmation
=> BUY

Kommentar:

Gold made an upward breakout and failed backward when got a rejection from the level. That's why I wrote Education post before about breakout and failed breakout. It's like textbook situation and we won't follow a failed breakout. Currently, it's still considered to be in a trading range with a higher low to form a triangle pattern later