XAUUSD: Expected To Rise Towards Its Resistance Level At Around $1895

Looking at XAUUSD’s chart, we can see that in the past weeks, it is traded in the short range of between $1800 and $1859.

Currently, it is traded at around $1818 falling toward the support level of $1800. If it will manage to hold its price above that level, then we could see it rising towards its resistance level at around $1859.

(Click on image to enlarge)

Daily Technical Analysis on XAUUSD

Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.