XAUUSD is expected to keep its bullish run after consolidation
Gold is expected to continue its bullish course after brief consolidation in range bound movement. Since the Daily Time Frame has kept its Bullish run therefore, the breach of rectangle would result in bullish break-out in smaller time frame of 4H & 1H. The RSI shows Bearish Diversion completely in consonance with the range bound movement of the price action.
Сделка активна:
price action as expected