Depending on D & Weekly price action, 2 points XAU can go.
Generally based on Wyckoff Schematics. Will link this chart up once I'm done with my Monthly and weekly.
Meanwhile -- H4 /D Timeframe price action is linked on here.
Atm it is above a Quarterly key level. If it breaks that level and continues down, we can potentially retest 1700. But i have no confidence...
Markups on the chart.
Long setup continuation of yesterday's push up.
Phase D w news catalyst later at 10
Could reverse but biased towards tagging Monday's high opening range.