Gold price today: Waiting for a new breakout!

Karina_Bellaの投稿
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Hello dear friends! The price of gold today is fluctuating around the range of $2044 - $2045.

Currently, gold is moving sideways within a box, and the next trend is still unclear.

We will wait for gold to break out in a certain direction to play that trend:

Scenario 1: If gold breaks the uptrend, we will buy.
Scenario 2: If gold breaks the support level, we will observe and sell.
However, in the current situation, scenario 2 is still highly regarded.

What about you? What do you think about the next movement of gold?
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Chart PatternsForexgoldideaTechnical IndicatorsintradaytradeoptionsstrategiessignalTrend AnalysisXAUUSD

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