what we see in the charts ? we see that the price is front of a strong support and giving us a green candle and a green volume ! the next week we should buy with a stop loss down the support and a big take profit
2 scénarios we should expect from the XAUUSD :
1) XAUUSD will go up now after hitting the support and the Moving average .
2) breaking the Moving average and the support and going down to find the next support then continuing the uptrend.