FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold after the bearish engulfing move from yesterday, formed a bit of structure with a recent resistance at 1708.53 & support at 1696.67. now we are looking for trades on the breakout of the structure. so if price respects the recent resistance & makes a breakout of the support at 1696.67 then price continue pushing down to next major support zone at 1681.93. similarly if price respects the support and makes a break & close above the resistance on 30 min tf then price might continue pushing up to the next resistance at 1719.63.

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