Following on from yesterdays published idea where we highted the support level in case of a break you can see that price rejected the region aggressively to give the push up into and potentially now breaking the 1650 level. Any reaction from the resistance level should take this back into the key level support which is now 1635-40 which now needs to break for this to go lower down. We're nearing the end of the week and month so profit taking is going to be active and swings at the extreme.
From Camelot this morning:
XAUUSD 27/09/22 3H
Support: 1620 / 1615 / 1611 / 1609
Resistance: 1624 / 1630 / 1635 / 1642
Bearish below 1635 with targets below 1620 and below that 1614
Bullish on break of 1635 with targets above 1645 and above that 1650
From Camelot this morning:
XAUUSD 27/09/22 3H
Support: 1620 / 1615 / 1611 / 1609
Resistance: 1624 / 1630 / 1635 / 1642
Bearish below 1635 with targets below 1620 and below that 1614
Bullish on break of 1635 with targets above 1645 and above that 1650