XAUUSD Analysis 15.12.21

Yesterday the price pulled back to the support level 1768 and started ranging sideways between the levels 1770 to 1774. As we can see the Volume is indicating there is a lot of buying pressure at 1768 as the size of candle is small compared to previous candle though volume is more. So we can look for buying opportunity today near 1768 to 1770 level with a small SL of 1764 and let the price test the 1775 level. If 4 hour candle closed above 1775 and pass the test then we can expect price will rise above 1780. Otherwise it may continue ranging around 1775 level only.