Price has been floating at the support for quite some time and has a potential for a long position.
Ascending triangle formation on daily chart, momentary range has occurred and may complete a short-term SELL before a BUY trade. Price for this instrument may reach 0.6500 levels.
Price action displays a bull flag formation and momentum for this instrument is upward and is currently in a slightly deep retrace but still promise a good potential for a buy.
Range bound price action is exhibited. US dollar seems to be in play and showing some movement. Price is around support area.
Gold price may move up higher short-term. Main consideration is that US dollar index momentary strength may push it down a little before going higher or may not get affected by US dollar as it is an independent asset on its own. This is speculative and is an idea only until further movements in the DXY exhibits a confirmation of what may happen.
Bullish push in DXY displays momentary strength and it may bounce off higher for a short term trade.
Range bound price action is displayed currently... US dollar is strengthening in the meantime and may push other assets downward.
Bull flag formation on short-term time frame... Price may run downward further before rising to retrace or reverse.
Price action is displaying an overbought scenario and may retrace or reverse. Price is also at resistance.