Gold Analysis A.S. 02-22-22

Gold is currently in a range. Looks like price is having a difficult time breaking above or below the range, but this just means that price is preparing for a huge breakout. The longer the range, the bigger the breakout. Price might make a move during the London session or pre NY tomorrow. As always, wait for volume to enter the market before placing a trade. If price respects the level of support, it can definitely continue bullish with support from the EMAs.