Gold rallies to three-week high on Tuesday. The USD retreats from a two-decade top and turns out to be the main factor for the commodity. We expect XAUUSD to test $1715 which is the pivot day one. In case it is broken more gains towards $1724 are expected. The main support will be found at $1700.
Note
Gold reached the target $1718.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.