✴️ GOLD Daily timeframe. January 18

Gold forms a pullback. The price confirms the range boundaries - resistance 1921 and support 1903. At the moment the price is in the consolidation phase.

1) Gold is in the bull trend
2) No evident preconditions for local movement
3) The price can stay between 1921 and 1903 for some time.
4) We monitor the situation. The price has made a false-break through the support of the local range
5) Waiting for the retest of 1921