XAUUSD Signal

Symbol: XAUUSD
Time Frame: Daily
Bias: Neutral

Signal Info: The price pattern of gold is quite lucrative today. We are optimistic that the gold price will rise but as the price is building momentum upwards and already advanced ,we are neutral to take any action. Entering at this point seems to be unsafe and we do not consider the current situation a valid entry point. Let's wait and see what comes next.