Gold - dollar (XAUUSD), Daily
XAUUSD consolidated in 2620- 2666 while remaining near both parallel EMAs, indicating a sideways structure. However, the higher lows suggests an upward breakout.
If XAUUSD consolidates further, the price may remain within the 2620-2666 range.
Conversely, a breakout in any direction may indicate the next trend with an uptrend bias.
If XAUUSD consolidates further, the price may remain within the 2620-2666 range.
Conversely, a breakout in any direction may indicate the next trend with an uptrend bias.
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