XAUUSD 06/07: Gold has many obstacles
Updated
XAUUSD With the authorities' uneasy mood, the more hawkish the Fed is, the more opportunities there are for the US Dollar to rise.In general, the risk is tilted to the downside, the downside will be stronger when Gold slides below the $1890 price zone. Technical indicators continue to lose bullish strength in positive levels, currently approaching their midline with a modest downward slope.
Support level: 1,917.30 1,903.00 1,892.95
Resistance levels: 1,932.75 1,945.20 1,958.30
You might consider Sell
XAUUSD around 1925 - 1922 And my goal will be 1915 – 1901
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