OptimoomFX

Gold- tight range calls for a break

OANDA:XAUUSD   Gold Spot / U.S. Dollar
For 4 days Gold is stuck in a 100 pips range, which, considering its volatility , is very tight.
Although on H1 the price is putting in higher lows, I continue to be bearish on medium-term.
A new dive to 1900 should finally conclude the direction for the next few weeks and, on the other hand, a daily close above 1915 would put a pause to this bearish outlook and give bulls a new chance
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