Before that, Pivot point one-week R2, near $1,930, may test the XAU/USD buyers.
It’s worth noting that Pivot Point one-week R3 acts as an extra upside filter around $1,942.
That said, the previous weekly high joins the middle band of the Bollinger on the hours chart and Pivot Point one-month S1 to highlight $1,916 as an immediate support.
Following that, the 200-DMA and Pivot Point one-week R1 appears a tough nut to crack for the Gold sellers around $1,910.
Above all, the XAU/USD buyers remain on the table unless witnessing a sustained downside break of the $1,898 support confluence comprising the 5-DMA and Fibonacci 38.2% on one-week.
Gold Sell 1920
Target 1915
Target 1910
Target 1904
Sl 1931
It’s worth noting that Pivot Point one-week R3 acts as an extra upside filter around $1,942.
That said, the previous weekly high joins the middle band of the Bollinger on the hours chart and Pivot Point one-month S1 to highlight $1,916 as an immediate support.
Following that, the 200-DMA and Pivot Point one-week R1 appears a tough nut to crack for the Gold sellers around $1,910.
Above all, the XAU/USD buyers remain on the table unless witnessing a sustained downside break of the $1,898 support confluence comprising the 5-DMA and Fibonacci 38.2% on one-week.
Gold Sell 1920
Target 1915
Target 1910
Target 1904
Sl 1931
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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.