XAU/USD for Intraday Wednesday 14-12-22

So the Gold made the spring jump from 1778-83 to break 1800 finally. Tested new zone limit 1818-23 and retraced a bit. Now our new zone will be 1783-1823. Last time on W1 TF Gold went straight down to 1614 from this zone after making a bottom of 1680 it went into this zone and stayed for a week and dips deep. It is highly advisable to wait for the up coming news and events starting from late Wednesday and continues thru out the day of Thursday. Then take the position. However on Wednesday we may get a chance to get an entry from 1803 for buy or 1823 for sell and BE it ASAP and do not try any other adventure. Make sure not to have any negative trades at the last four hours of the session as the Volatility of the events will start.