Ryansanalysis

XAU/USD - Sitting at an interesting zone

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAU/USD: Sitting at an interesting zone

Price is currently stationary at a key zone in the market. As we can see previously it has been used for support in the market. Whatever direction we start to see bullish/bearish market structure step in then we can start taking positions based off that. Until then we must be patient and allow price to decide and then we can react.

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