Yesterday Gold dropped and visited 1760 support. A reversal followed from this point and the price is 1777 at the time of writing.
My bias for XauUsd is slightly bullish and for confirmation, I will need a daily close above 1780-1785 resistance.
On the other hand, a daily close under 1760 would be bearish and expose 1720 support
My bias for XauUsd is slightly bullish and for confirmation, I will need a daily close above 1780-1785 resistance.
On the other hand, a daily close under 1760 would be bearish and expose 1720 support
Commentaire:
Gold is becoming more and more bullish
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