Technically, the XAU/USD pair's daily chart shows that additional gains are likely, given the strong upward momentum. Technical indicators head north almost vertically, while still far from overbought levels. At the same time, the bright metal extended its advance beyond a now bullish 20 Simple Moving Average (SMA), currently at $3,052. Finally, the 100 and 200 SMAs also aim north, but far below the shorter one.
XAUUSD sell signal 3160
Support 3140
Support 3120
Support 3110
Resistance 3190
XAUUSD sell signal 3160
Support 3140
Support 3120
Support 3110
Resistance 3190
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t.me/stiven0888
My Telegram Channel 👍
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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.