XauUsd Update...

↪️XAUUSD price is inside a disjoint channel from the past week in a range of 1974_2014. Lengthy consolidation indicates a sheer volatility contraction, which is expected to be followed by wider ticks and heavy volume after an explosion. Advancing trendline from March 22 low at 1933 is acting as a support for the Gold bulls. If XauUsd price sustained below 1970 will open doors for a test of the 1950 hurdle. Though I'm bullish on the pair... Trade safe 👍✅