GOLD (XAUUSD) PROJECTION
XAUUSD was seen in a tight range and has failed to come out of the range.
We're optimistic that when a break is observed to the up side / down side? as seen in the chart, there will be a supply to the north or south depending and which direction the it heads.
At this time we remain skeptical and would continue to trade in the range by selling at resistance and buying at support levels.
We're optimistic that when a break is observed to the up side / down side? as seen in the chart, there will be a supply to the north or south depending and which direction the it heads.
At this time we remain skeptical and would continue to trade in the range by selling at resistance and buying at support levels.
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