XAUUSD is testing a significant resistance

XAUUSD must break above 18407 for the upside continuation

 

XAUUSD is testing a significant upside resistance 1847. This upside resistance should be broken for a continuation higher and a complete upside breakout is required for the long trade entries. A rejection here will leave the XAUUSD in the swing range between 1780 and 1840, and it will give you a signal for the short trade entry.

Note: look for the short trade entries with the stop loss just above 1845

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XAUUSD Daily chart

 

 

 

 

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