Let's look at H4 chart, as we can see the price was rejected from this zone before and now we came back to this level again and a potential double top could potentially in play. After a massive move and gold is overbought atm and we might see some pullback in the coming session. If 1854/50 is supported then the potential target above could be 1880/90 as the first target. On the flip side, breaking below 1850 and there is a possibility for the price to test for the lower support of 1828/1820.
Trade closed: target reached:
1891 hit