Chart Pattern Analysis Of XAU/USD

After K1 breaking up the downtrend line,
K2 tested it under sharply increased volume,
The following candles verified that It was a successful test.
A sharp rebound will likely price up to test 0.618-0.786fib area.

Buy-2330/Stop-2325/Target-2370

Trade stängt: Stopp nått:

It seems that candles will consolidate here for days.
It is not worth to wast time here.