XAUUSD on Rising wedge Market is slow because of Christmas.
What possible scenario we have at moment?
As Market rejected multiple times from 2632 resistance area also rejected from bottom support2690.
Gold is on Rising wedge here 2610 support is playing a crucial role,as i mentioned in my yesterday commentary if any H4 candle below 2610 we will trade on bearish side till 2590, will be our first traget.
On the other hand,if XAUUSD remain above 2610 it will be in rising wedge,our eyes will at 2632 first and our optimal target will be 2660.