XAU/USD Noisy market on the daily

6 באפר׳ 2022

I see the 1877$ zone to be retested in the near future. The current price range of 1910$-1940$ is pretty boring, so I expect a large move from this zone to the downside. On the daily and 4 hour chart we also have a huge gap to be filled, so I keep an eye on that level for buying opportunities. Trading with big lots right now is too risky in my opinion due to an unexpected shakoff that also happened in the last couple of days.