XAUUSD Press the pause button
XAUUSD price ended a 21-day uptrend on January 5, 2022, and the price fell by up to 2.56% ($46.8) over a two-day period starting January 6, 2021. The chart shows that the price was supported and rebounded from $1782. At this point, the decline will pause and the price is likely to stagnate in the gray zone, where the long and short sides will start a new round of struggle.
Related publications
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.