✴️ GOLD Daily timeframe. January 23

Gold starts the new trading session by updating Friday's local. The price is in a range, the resistance of 1935 is confirmed and a pullback to 1903 is expected

1) Gold forms a range of 1935-1903.
2) Resistance is tested, a false-break takes place and the level is confirmed
3) The trend is still bullish, but the price is not yet looking to continue rising intraday
4) The price can stay in consolidation for quite a long time, but again, if resistance is retested, the upper boundary can be broken