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GOLD (XAUUSD): Waiting For Decision

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VasilyTrader アップデート済   
FX:XAUUSD   金/米ドル

Gold was very weak this week.
Daily atr is weakening and volatility dropped.
Market participants are waiting for some trigger.

In case if break and close above that on a daily, the price will most likely return to a current local bullish trend and we will see a bullish continuation at least to 1925 supply level .

in case if the trend line is respected, sellers will most likely retest the major horizontal support and will try to breakthrough.
in case of a daily candle close below that, chances will be high that the price will drop.
goal for sellers will be 1800 demand level .

wait for the decision and then follow the market.
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