The daily chart for XAU/USD shows its under pressure for a third consecutive day, although the decline still seems corrective. The pair keeps developing above all its moving averages, with a bullish 20 Simple Moving Average (SMA) providing dynamic support at around $2,949.20. The 100 and 200 SMAs, in the meantime, keep heading north far below the shorter one. Finally, technical indicators continue to retreat from extreme levels, heading lower, although well above their midlines.
Xauusd signal sell 3006
Support 2980
Support 2960
Resistance 3034
Xauusd signal sell 3006
Support 2980
Support 2960
Resistance 3034
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Gold signal
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
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.