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

By AAATrade of AAATrade.com
Wednesday, June 29, 2022 6:10 AM EDT

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

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