traderben00

Waiting for the break on GOLD (XAUUSD)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Now the price is within a zone from where we are waiting for the breakout or the breakdown.
Note that fundamentals are coming soon so the market can be choppy. Therefore search for the signals afterwards.
Wait for a significant breakout or breakdown candle around the support or the resistance zones marked with grey. You can use lower timeframes for better signals but don't forget to pay attention to the H1 and H4 in the meantime.

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