XAUUSD- 2 SCENARIOS

2020年5月14日

XAUUSD

Hello guys !
For a month the gold market has been in range! From this point of view the price aims, the resistance of the range.
It is also important to underline the formation of a symmetrical triangle which of which the break can be a strong upward movement.
However if the movement is not strong enough to break the range up we will see a downward movement to seek support for the range!

INDICATIONS: The key zone is 1737.018, If there is a breakout we will go back to buy but if there is a rebound we will sell

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THANKS AND GOOD LUCK!