AU has been in a range bound condition chugging between the 0.7840 - 0.7570 S&R zones. In today's trading session, I will remain neutral bias. Pay attention to the 0.7570 support zone, if it again find buyers stepping in, it could send AU back proceeding its ranging condition. I will only be looking for potential break & re-test setup if 0.7580 is breached, with 0.7510 support zone as the target.
Trade safe and be flexible.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.