FxTicks

XAUUSD / 1D / Technical Analysis

TVC:GOLD   黃金差價合約(美元/盎司)
As we can see that gold is now in a consolidation zone. Although it got rejection from the support, there is no confirmation of upside movement unless we break abover the resistance and create a new higher high. We can also go lower as well. We're neutral on this pair right now and expect some opportunities on a lower time frame on retest of structure after breakout.
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