Gold struggles to gain during the early European session on Monday. Investors await the highly-anticipated US Consumer Price Index (CPI) on Tuesday for fresh impetus. XAU/USD price is trading around $1,940, gaining 0.18% on the day.
Gold struggles to gain during the early European session on Monday. Investors await the highly-anticipated US Consumer Price Index (CPI) on Tuesday for fresh impetus. XAU/USD price is trading around $1,940, gaining 0.18% on the day. In the near term, and according to the 4-hour chart, XAU/USD met sellers around a bearish 20 SMA, which extends its slide below a flat 100 SMA. An advance beyond the indicator should encourage buyers and result in further intraday gains. Technical indicators, in the meantime, aim north within negative levels.
Support levels: 1,945.20 1,933.20 1,923.10
Resistance levels: 1,965.30 1,978.30 1,989.00
SIGNAL
XAUUSD
🌐
XAUUSD
PLAN November 13
🔴SELL watch Price range 1960$ - 1958$ - stoploss: 1965$
Buy price range 1932$ - 1930$ - stoploss: 1926$ (scalp)
Buy price range 1920$ - 1922$ - stoploss: 1916$
Note: Full TP, SL to be safe and win the market ‼️
Gold struggles to gain during the early European session on Monday. Investors await the highly-anticipated US Consumer Price Index (CPI) on Tuesday for fresh impetus. XAU/USD price is trading around $1,940, gaining 0.18% on the day. In the near term, and according to the 4-hour chart, XAU/USD met sellers around a bearish 20 SMA, which extends its slide below a flat 100 SMA. An advance beyond the indicator should encourage buyers and result in further intraday gains. Technical indicators, in the meantime, aim north within negative levels.
Support levels: 1,945.20 1,933.20 1,923.10
Resistance levels: 1,965.30 1,978.30 1,989.00
SIGNAL
XAUUSD
🌐
XAUUSD
PLAN November 13 🔴SELL watch Price range 1960$ - 1958$ - stoploss: 1965$
Buy price range 1932$ - 1930$ - stoploss: 1926$ (scalp)
Buy price range 1920$ - 1922$ - stoploss: 1916$
Note: Full TP, SL to be safe and win the market ‼️
