XAUUSD Gold Overview: Long & Short Opportunity

As mentioned in my previous chart which I have shared with you, Gold reversed from the support line.

It is testing the fractal line resistance. If it breaks and closes above the fractal line, we may talk about a new rally.

However, we need to see a closing above 1922 horizontal support.

Upside targets are mentioned on the chart by the green lines.

Cycle Sniper Set1 is breaking above the 0 line. And this can be a confirming indicator of the new rally.

If, the price rejects the resistance and breaks down the support,it is likely to test 1875 and 1855 shorter term.

Good Luck.