Contributors Technical Analysis XAU/USD Holds Steady In Range

XAU/USD Holds Steady In Range

Gold prices are consolidating within the range of the 1483 – 1462 region.

Price action is in the midst of forming a bottom if the lower range doesn’t break.

Therefore, the bias remains to the upside. A successful breakout above 1483 could likely see some retracement to the 1534 handle.

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