The XAUUSD pair reacted from $1307.03 to $1317.40 making a local top.
Now it consolidates exactly above the KUMO that has twisted bullish (green above red).
The price is between EMA200 (15m) & KUMO.
The Tenkan Sen (light green line) gets over the KUMO and now it is above it.
The Chikoun Span (purple line) has no resistance except EMA until the 1317 of KUMO.
I think that XAUUSD will test the 1317.40 again for the target of $1323.81 before the close of American Session.
Stop loss under $1312.21
Now it consolidates exactly above the KUMO that has twisted bullish (green above red).
The price is between EMA200 (15m) & KUMO.
The Tenkan Sen (light green line) gets over the KUMO and now it is above it.
The Chikoun Span (purple line) has no resistance except EMA until the 1317 of KUMO.
I think that XAUUSD will test the 1317.40 again for the target of $1323.81 before the close of American Session.
Stop loss under $1312.21