XAUUSD
, 1 day
long
#Technical
#Bullish
Resistance 1 | 2075.00 |
---|---|
Quote Price | 2022.11 |
Support 1 | 1972.87 |
Support 2 | 1931.38 |
On the daily chart, we can see that Gold broke through the key 2015 resistance despite the hot US CPI and PPI reports. This breakout opened the door for a rally into the next resistance around the 2063 level, so the buyers will look for dip-buying opportunities on the lower timeframes while the sellers will want to see a failure to start targeting again the 1973 level.
Leave a Reply
You must be logged in to post a comment.