Daily Technical Analysis Of XAUUSD

Spotlight on XAUUSD. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.

Looking at XAUUSD’s chart, we can see that it is in an uptrend, traded at the current price of around $1777. After that long run, today we could expect a retraction towards its support level at around $1750 and if it will be able to hold it above that level, then it should upwardly react to re-test its resistance level at around $1780.

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