XAUUSD (GOLD) Weekly Forecast
Technical:
The near–term support is around $1940, violation below targets $1922/$1910/$1895/$1877/$1850/$1800. Significant reversal only below 1750.The yellow metal faces strong resistance of $1965, any breach above will take to the next level $1977/$2000/$2020.
It is good to sell on rallies around $1949-50 with SL around $1966 for TP of $1900.
The near–term support is around $1940, violation below targets $1922/$1910/$1895/$1877/$1850/$1800. Significant reversal only below 1750.The yellow metal faces strong resistance of $1965, any breach above will take to the next level $1977/$2000/$2020.
It is good to sell on rallies around $1949-50 with SL around $1966 for TP of $1900.
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