YavuzAkbay

XAUUSD Support And Resistance Analysis

OANDA:XAUUSD   Gold Spot / U.S. Dollar
On the table as you can see resistance prices are $1900, $1993, $2015 and $2070 which is strong. Support prices are $1745, $1818 and $1862.

If the Gold breaks $1862 we can see $1818 but we don't know how strong that support is so there's a probability to drop to $1745.

If $1862 holds it is normal to think about $1900.

The analysis I make is just an idea not an investment advice. Please manage your risk while trading and please make your investment decisions only by yourself.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.