XAU USD for a couple week seems to be in short position, indicated by lower high formation and also death cross in EMA 55 and 144 from August 20 in its all time high, Last week trade on Thursday, price tries to break the hard resistance but rejected again up to EMA 377 as its lowest point.
Disclaimer: This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts
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