Gold- tight range calls for a break

28 באוק׳ 2020

For 4 days Gold is stuck in a 100 pips range, which, considering its volatility, is very tight.
Although on H1 the price is putting in higher lows, I continue to be bearish on medium-term.
A new dive to 1900 should finally conclude the direction for the next few weeks and, on the other hand, a daily close above 1915 would put a pause to this bearish outlook and give bulls a new chance