Gold's Sideways Grind: Playing the Intraday Range

The Current State of Gold

Alright team, let's talk XAU/USD. Gold's been in a bit of a snoozefest lately, definitely rocking that sideways trend we've been seeing. We're currently sitting around 2917.39, barely budging today, down just 0.09%. The daily range has been pretty tight too, bouncing between 2913.48 and 2921.3. This kind of action, where there aren't strong fundamental drivers pushing either the dollar or safe-haven demand, often keeps us stuck in a channel.

Intraday Play: Looking for a Retest

Given this