Gold inched higher above previous resistance at $1790. There might be a scenario where prices continue to push up towards resistance at $1815, in line with 50% Fibonacci retracement and 161.8% Fibonacci extension. A break above $1815 resistance would allow more gains for #XAUUSD . We would consider trading the pullback and looking for buy opportunities from demand zone and after a price action signal.
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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.