In the near term, and according to the 4-hour chart, XAU/USD has room to extend its advance. Technical indicators eased modestly from their recent highs but lack any bearish momentum. Particularly, the Relative Strength Index (RSI) indicator hovers at around 81 with no signs of giving back. Finally, the 20 SMA accelerated north above the longer ones, while offering dynamic support in the $3,320 region.
Support levels:3,400.00 3,386.40 3,375.50
Resistance levels: 3,430.40 3,445.00 3,460.0
XAUUSD sell signal 3414
Support 3387
Support 3345
Support levels:3,400.00 3,386.40 3,375.50
Resistance levels: 3,430.40 3,445.00 3,460.0
XAUUSD sell signal 3414
Support 3387
Support 3345
Trade active
XAUUSD sell 80 pips done 👍Trade closed: target reached
XAUUSD sell signal Note
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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.