XAUUSD will break through 2600
On the daily chart, XAUUSD broke through the recent range of fluctuations yesterday, and the price hit a new record high. The bullish trend is relatively obvious at present, and the market outlook is expected to rise further, with the upward target looking at the 2600-2620 area. The current effective support below is around 2530. Before falling below 2530, maintain the trading idea of pull back and go long.
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.
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.