Strategy and signals OANDA:XAUUSD
✅As per our Technical Confluence indicator, the Gold Price floats within a $40 region multiple resistance area ahead of this week’s top-tier US inflation and employment clues.
✅That said, a convergence of the Pivot Point one-day R1 and the previous daily high guards the immediate recovery of the Gold Price near $1,928.
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TVC:GOLD Gold buyers appear to have found a temporary support at the July 12 low of $1932 at the moment. But the gold sellers are likely to regain equilibrium, sending the rate back to the static support seen around $1925.
Additional declines will challenge the early-July lows around the $1910 region.
Additionally, Gold buyers will find an immediate upside...