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PRIMERONIN
Aug 6, 2023 8:03 PM

XAUUSD analysis 

Gold Spot (XAUUSD)FXOpen

Description


  • The last week, XAUSD[GOLD] showed weakness, but on Friday, due to an event [NFP], price retrace near to supply zone.


  • There decided zone near 1956-1962, above 1962 closing we can see another spike up and the chance to reach to 1980-1985 or above.


  • If 1962 does not break, then search for a selling opportunity to sell and test the 1904-1895
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