It seems that XAUUSD is moving in an uptrend channel in daily and 4h time frames.
The important supply and demand zones are also provided on the chart.
Two possible scenarios are possible for gold.
1st: Keep going in the uptrend channel. (Long)
2nd: reacting to the supply and demand zones and moving in the range box.
The important supply and demand zones are also provided on the chart.
Two possible scenarios are possible for gold.
1st: Keep going in the uptrend channel. (Long)
2nd: reacting to the supply and demand zones and moving in the range box.