Neutral XAUUSD

12 Şub 2022Price has broken a strong resistance trend line that has been respected since August 2020. I would expect price to behave bullish once it first breaks the pervious major swing high, then retests the resistance line which'll turn that into the new support trend line. If this happens I'll be expecting price to long towards 1908. Personally, I'm neutral at this moment of time, however, if price fails to retest the descending trend line I would expect it to short towards 1810.