XAUUSD 1H - Levels

We shared this chart this morning with the triangle in play and the levels within it. As you can see the price has played pretty well inside the triangle, however, we would now suggest caution. We're looking for a break either way and then for it to test that lower support before we long the market or test the higher resistance levels before we attempt to short it!

Until then we're monitoring the price action and taking it as it is. We'll update further in the morning.

As always, trade safe.

KOG