xauusd range 05/02/2021

Gold is in a short term bullish structure on 4H, yet on the daily we are still in a sell bias structure. This range of Gold shows 2 things.
1.Exhaustion in the Market
2. Opportunity for trend reversal.

I will need Gold to definitively break out to one direction before entering market. Looking at the dollar, i'm somewhat biased and looking for sells primarily.
Chart PatternsTrend Analysis

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