FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
2
This looks very obvious technically to me

Key support and very low volume confluence

several failed tests of the area on the H1 chart

key psychological level 1300 in range and i believe we will need a significant catalyst to reach this level so shorts are not so favourable IMO

Good volume targets at the 50% and then at the descending trendline resistance if price permits
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.