XAUUSD IDEA
XAUUSD strengthens to an interim high and hits strong resistance at 2477.5.
Fundamentally, traders are still watching the situation in the Middle East as there are rumors of different nature every day. If the conflict escalates, it will only increase the interest in the metal.
Also, traders are waiting for CPI (to be published on Wednesday) to determine if the US Federal Reserve is preparing a significant interest rate hike after the weak employment report.
Technically, 2477 and 2458 are worth watching. If price starts to return to resistance and consolidate near the level, then a breakout is worth waiting for.
Resistance levels: 2477, 2487
Support levels: 2458, 2450
Fundamentals that could set a medium-term tone for the dollar and gold. But, technically gold is strongly bullish...
Fundamentally, traders are still watching the situation in the Middle East as there are rumors of different nature every day. If the conflict escalates, it will only increase the interest in the metal.
Also, traders are waiting for CPI (to be published on Wednesday) to determine if the US Federal Reserve is preparing a significant interest rate hike after the weak employment report.
Technically, 2477 and 2458 are worth watching. If price starts to return to resistance and consolidate near the level, then a breakout is worth waiting for.
Resistance levels: 2477, 2487
Support levels: 2458, 2450
Fundamentals that could set a medium-term tone for the dollar and gold. But, technically gold is strongly bullish...
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.