Gold Spot / U.S. Dollar
Short

XAUUSD downside target 2560

97
On the 4-hour chart, XAUUSD maintains a volatile downward trend. At present, attention can be paid to the resistance near 2626. If the rebound does not break, the bearish strategy can be maintained. The downward target is around 2560. After breaking, the support below is around 2536.

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.