Last week, after touching 1980 resistance zone for the second time, Gold reversed strongly, leaving a bearish engulfing candle on Thursday.
However, with the recent break above falling wadge's resistance and above the horizontal 1940 level, XauUsd remains bullish.
Buy dips near support is my strategy and 1980 zone resistance could be the target.
A daily close under 1935 would negate this scenario.