The price broke through the range zone and moved higher, and most likely we'll see some pullback. I think the OANDA:XAUUSD may form some sort of range pattern, such as a triangle where the market keeps bouncing between resistance and support, squeezed before retesting the resistance zone. Overall, I expect a choppy market because we have news in the NY session. However, if the market rejects the support level by forming a fake breakout, price action could potentially make new highs up to 2250 resistance level. My goal is the previous resistance zone around 2208
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻