
GOLD XAUUSD Chart Technical Outlook takes on a bid, Crab pattern completes at $2,387
Buyers returned close to bespoke support at $2,286. A move to $2,387 will form a perfect bearish Crab pattern. This is close to a supply zone and bespoke resistance at $2,391. Nonfarm payroll will be the catalyst for the next aggressive move. I can see no clear indication of a change in the bullish trend. Intraday support is located at $2,296. We need to see a break of $2,324 to confirm follow-through buying pressure.