ANALYSIS ON XAUUSD

Okay, so what kind of situation we are having on gold?

We have a break above 1950 region which was an important resistance which is now turned support. Before this market was consolidating in the region of 1910-1950

Now, how we will approach this situation?

We have a break of structure on daily we will be looking for long position on the retest of the support region if we get a valid entry in 4 hr chart...

Plus we have a trendline support too. However, we still have to see the price action in the region shown on chart...


Now, if you need any kind of help PM me