XAUUSD - 1H Levels - Triple bottom!

We're facing strong support here around the 1710-08 level. Its also a very recent triple bottom so it looks like at some point the price is going to try and test the resistance levels above.

A good sign is that Gold closed below 1720 which maintains negative pressure. However, that is still a resistance level that needs to hold. We have a lower target now of around 1675-80. We want to get in on a good retracement and catch that trade. It doesn't look like its ready yet, there will be a lot of buy orders going in and a lot of sellers holding for lower levels so expect a bit of a shake out in the coming sessions.

Levels are on the chart