Gold Outlook


XAU/USD is in ranging mode today. It is recommended to buy XAU/USD if it breaks out above 1110 and if the resistance zone becomes support. There is not selling opportunity for XAU/USD  because there are lot of supports  below for XAU/USD and also  price is above SMA50 & SMA 50 is above SMA200 in H4 timeframe.

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