XAUUSD IDEA

Fundamentally, the environment is complicated due to many multidirectional factors: geopolitics in Eastern Europe, the Middle East and East Asia, the US economy, the election race, as well as upcoming Fed reports, meetings and comments and the important NFP report. And next week is the US rate meeting...
Technically, gold is closing very well and hinting that the metal is ready to make tops.
The focus is on the resistance at 2749, a retest is possible from the opening of the session. If the bulls keep the defense above this zone, the price may go to ATH, or even higher to 2775.
But Most probably false breakout may provoke a correction. In this case, we will continue to follow the range boundaries Target range will be 2725 ,before next bullish move.