Gold Trading in Range

Hello Traders,

Hope you all are doing good!!

The Situation on GOLD is not clear right now as it is trading in range for the whole last week unable to break out.
Breakout in either way will lead price to move to next support/resistance level.

1) As the speculators decreased the LONG positions may likely to move the price down.

* Upside breakout will open TP @1885
* Downside breakout will open TP @1776

Please follow and like if you agree or this idea helps you out in your trading plan.

Disclaimer: This is just an idea. Please do your own analysis before opening a position.