XAUUSD ANALYSIS
Updated
Gold failed to break 1980 resistance
So we can expect some retracement before we see upside movement
So I am expecting retracement towards 1962,1969
If 1969 holds and gold did not break this level will eventually push price to 1975
If 1962 holds and did not break this level will eventually push price towards 1969 and then 1975
My short term targets will be 1983,1990
So we can expect some retracement before we see upside movement
So I am expecting retracement towards 1962,1969
If 1969 holds and gold did not break this level will eventually push price to 1975
If 1962 holds and did not break this level will eventually push price towards 1969 and then 1975
My short term targets will be 1983,1990
Note
retracement has been done towards 1970 which is nearby 1969 level and it did not break which eventually pushed our price to our first target 1976
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