XAUUSD has been trading in a range. The price did multiple attempt to break above it but it failed.
The price has closed above the 100MA and while 200MA can act as next resistance after break of range.
Currently, the price is standing at the top of the range and is expected to produce a breakout from here.
We will monitor the price action on the top of range.
Trade your levels accordingly.
The price has closed above the 100MA and while 200MA can act as next resistance after break of range.
Currently, the price is standing at the top of the range and is expected to produce a breakout from here.
We will monitor the price action on the top of range.
Trade your levels accordingly.
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