Range-bound

Gold Analysis

Range-bound Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD’s first resistance level would be $1765.48. Break above will expose the $1800 figure
Comment:
The XAUUSD expose the 1800 and further to 1805. However, we are seeing a decline today to 1780 - 1782 zone because of the increasing the interest rate to 50 point yesterday.
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