XAUUSD OUTLOOK - NEXT MOVE POSSIBLE
Price trading inside bullish channel and is approaching one of the key levels for a long entry. There might be a potential opportunity for a long with targets reaching the previous high. We had already marked the Key Levels for both TP & SL. It's approaching a key support level which is the previous resistance that could act as a support once it retests.
Long entries can be taken when it reaches that level when we identify bullish price action for an upside.