XAUUSD IDEA

Technically, a strong bullish structure is forming. A break of resistance and favorable news could strengthen the rise to 2700. But, there is an additional scenario: Break of support of the rising structure or 2665 - 2671 may provoke capitulation and fall to 2655 - 2647.15

Resistance levels: 2678,2692.51
Support levels: 2675, 2671, 2665