GOLD XAUUSD Chart Technical Outlook Gold reacts higher from the $2,297 support level
We saw mixed and volatile intraday trading in Gold. The dip was bought close to the bespoke support level of $2,297. Resistance is located at $2,327. A Bat formation will be completed on the move to $2,375.
Conclusion: Although the immediate bias is mildly bullish, we need to see a break of resistance at $2,327 for continued bullish pressure.
