XAUUSD Analysis

Gold is in a bear flag within a bearish channel.

1920 and 1935 are key levels to watch. A break below 1900 opens potential sell opertunity trageting 1850.
Expect low volitility during Asia session due to China Golden week holiday.
1850 and below are good buy oppertunities.

Comentarios:

False breakout of bear flag. Thats why its crucial to wait for confirmation. 1900 did not resist.

We are now back into the bear flag, 1925-1935 test is now ikely.

Break out above the decending channel will open up higher pices. look out for price Rejection at 1925-1935.