A Next XAUUSD move in this week lets we see how the Gold will play.
Gold corrects from Friday's record $3,245 and moves back to $3,200 amid improving market sentiment and progress in trade talks. The price pared gains after a strong weekly rally, reacting to U.S. concessions on tariffs on Chinese electronics and China's pledges to boost economic stimulus. Additional influences come from the dialog between the US and Iran, as well as the anticipation of China's GDP and trade data for March. Despite the pullback, downside may be limited due to ongoing uncertainty.
Resistance levels: 3233 /3255/ 3280
Support levels: 3200 / 3170
A long heavy rejection we see 3165 after Gold very High and again Go to Top.
Gold corrects from Friday's record $3,245 and moves back to $3,200 amid improving market sentiment and progress in trade talks. The price pared gains after a strong weekly rally, reacting to U.S. concessions on tariffs on Chinese electronics and China's pledges to boost economic stimulus. Additional influences come from the dialog between the US and Iran, as well as the anticipation of China's GDP and trade data for March. Despite the pullback, downside may be limited due to ongoing uncertainty.
Resistance levels: 3233 /3255/ 3280
Support levels: 3200 / 3170
A long heavy rejection we see 3165 after Gold very High and again Go to Top.
Trade attivo
Almost Target Running
Trade chiuso: obiettivo raggiunto
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.