XAU/USD has broken through a resistance line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 2037.8040 within the next 5 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Want to get full Autochartist Access including the Autochartist Market Scanner, email reports,Mobile App, and the full Autochartist Web App?
Subscribe here: ChartViper Subscriptions