Gold- Is it a sell or a buy?

This week I've oscillated between buy trades and sell trades with an overall result of insignificant 60 pips gain, but if you look at the price evolution, It was hard to do more.
Gold has spent the week in a tight range, and if we ignore the up and down spikes, this range has only 100 pips or so.
From the technical point of view since last Friday, XauUsd is trading in a rectangle, and this pattern usually leads to a continuation of the trend, which is clearly up.
That being said, I will look for buying opportunities and my focus is again on 1900 resistance

Commentaire:

Nice intraday recovery on Gold.
This gives me confidence in my bullish idea