XAUUSD an overview,
Before going any higher, we must see a push
upward and a retest of Support zone. If we
break back below this range, our outlook will
revert to a bearish 2300-2298 range. Expect
returning to this daily zone of consolidation.
From 2340, gold has a lot of confluence and
resistance. Before attempting to breach the
2360 zone, this need to force us back down to
test daily support. Setups for interday trading
with a target of 2384 will be possible. Bulls
should aim to maintain above 2330


Gold rising due to risks that are related to
French policies. China purchasing the dip
following the difficulty in sourcing gold mining
last Friday. And still tentions and war. These
point to increased bullish activity.