XAUUSD Neutral [07/06/2022]

There is an opportunity to sell XAUUSD once price breaches through multiple support levels, which are: 1837.044 Fibbo level and 1828.961 support level from a previous higher low. An approximate target could be sought as per the denied raising triangle shape to its bottom.

If the price rejects then, we are looking for 1900.071 target psychological level upwards after breaching a 1869.888 level
Chart PatternsTrend Analysis

Disclaimer