US fundamentals are coming in 30 minutes. Here are the potential scenarios for Gold.
Bullish Scenario The market is currently testing 2041 resistance. If the market breaks and closes above that a bullish continuation will be expected at least to 2070.
Bearish Scenario Gold is currently consolidating within a narrow horizontal range on an hourly time frame. If the price breaks and closes below its support - 2029, a bearish movement will be anticipated at least to 2015.
Wait for a breakout and then follow the market.
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Catatan
Please, check my new video analysis for Gold:
Catatan
The market violated a support of the range and reached the target!
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