XAUUSD GOLD- Break Major Moving Average Long

GoldOANDA

Description

⋅ May 26, 2022 6:52 AM

Gold pared some of its gains after the hawkish Fed meeting minutes.

Technical:
The near–term support is around $1840,
The yellow metal faces strong resistance of $1870

Comments

InkyGrip

⋅ May 26, 2022 8:43 AM

im also looking for a similar set up, will wait for the break of the 1850 zone

Goldsignal75

⋅ May 27, 2022 6:45 AM

@plancton0618, Gold holds above $1850 after a minor dip to $1840 on the weak US dollar .