XAUUSD D, BREAK ABOVE 1786, TARGET 1828.41 & 1875.50
XAUUSD Rebound from its lower area of its Medium term consolidation 1676 & 2075.
For a while, XAUUSD is rejected by 1786 around its MA 50 Daily.
If Break & Hold Above 1786 or MA 50D then Open The Way To Test 1828.41 & 1875.50.
Its Strong Resistance at 1922.58 (61.8% Fibonacci).
Its Strongest Resistance at 2075.
But, While Below 1786, Potential To Retest 1721.70 & 1676.00.
Its Strongest Support at 1676.
While Above 1676.00, Bullish Medium Term, Buy On Weakness.
For a while, XAUUSD is rejected by 1786 around its MA 50 Daily.
If Break & Hold Above 1786 or MA 50D then Open The Way To Test 1828.41 & 1875.50.
Its Strong Resistance at 1922.58 (61.8% Fibonacci).
Its Strongest Resistance at 2075.
But, While Below 1786, Potential To Retest 1721.70 & 1676.00.
Its Strongest Support at 1676.
While Above 1676.00, Bullish Medium Term, Buy On Weakness.
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Related publications
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.