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TradeWithTheTrend3344

XAU/USD Testing Daily Pivot Point; Key Resistance in Focus

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
TradeWithTheTrend3344  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Support and Resistance Pivot Points Contains image
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trendanalysis supportandresistance pivotpoints containsimage
Hello Everyone,

XAU/USD has surged upwards and is now testing the daily pivot point (1D PP), which has been acting as resistance. If the price can settle comfortably above the 1D PP, further upside is likely. Conversely, if it establishes below this level, we may see tests towards the weekly/monthly pivot points (1W/1M PP) again.


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