XAUUSD monthly charts - rangebound

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Now that we have looked at the weekly charts, where we saw signals, link attached below for your reference, lets take a step back and look at what is happening on the monthly charts

Out here, we see, price has rebounded/ rejected from the Resistance level of USD 1556 and has been inching downwards
Below are the various support levels
S1 : 1406
S2 : 1333
S3: 1142
S4 : 1044

Resistance levels:
R1 : 1559
R2: 1678
R3 : 1768
R4 : 1825
Its important to see whether price tests the support levels or gives us direction by breaching either the resistance or support levels over the course of next few months
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Trade active: R1 breached, shorter term trading idea on Gold closed as may get some better entry points, but given geo political and other issues, long Gold
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