Trading suggestion: . There is a possibility of temporary retracement to the suggested support line (1680.40). . If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . XAUUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 46.