OANDA:XAUUSD Gold is hovering around the 20-Day Simple Moving Average, at $1945. A clear daily close below will add to the negative outlook. Conversely, if it tries to sustain above, XAU/USD might continue to move sideways. A solid break above $1980 will bring control to the bulls.
Support levels: 1,942 1,932 1.915
Resistances: 1,953 1,966 1,974
The main strategy for today is selling around 1955. My expectation is 1950 and beyond. This is the weekend I wish everyone a lot of profit