The price perfectly fulfilled my last idea. It hit the target zone. The price bounced off the support level. OANDA:XAUUSD is ranging by forming a traingle pattern. On the daily timeframe, it is an inside bar formation. The price might continue to range because we had a massive sell-off before. I think the market may keep moving sideways; squeezed in the shape of the triangle pattern, then surge upwards. I expect a retest of the recent resistance zone in case the market bounces off the support. My goal is the resistance zone around 2410
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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