NoFomoCharts

XAU/USD (GOLD): Risk vs. Sentiment

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAU/USD ( GOLD ) has been in an uptrend since 2019, and has been seeking to establish a firm higher-high in price.

However, the price of GOLD has been consolidating for the past 2 months in the upper range of the channel.

Volatility has been tightening in the price, and GOLD could make a move soon.

Resistances: 1748.84 and 1767.29 and 1800.

Supports: 1676.44 and 1661.88 and 1600.

Trade closed: target reached: Resistance Targets completed.
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