Technically, XAU/USD found support after a good deal of bearish play these past couple of days. If it continues to show strength on the upside, it may break the resistance level and find new support in which I may add to my positon. If it shows signs of weakness on the way to resistance, there is possibility I may close my position and look for a sell signal and ride it back down but for a minor move down.
My analysis.
My analysis.