Technical outlook 
XAUUSD :
In the near term, and according to the 4-hour chart, the falling EMAs lead lower, now providing dynamic resistance around $1920.30.
The longer moving averages are still much higher than the shorter moving averages, while providing a downward slope, while technical indicators have bounced from intraday lows but are still in negative territory. pole.
In the end, Wall Street's positive tone finally interrupted USD's rally, helpingXAUUSD bounce from the aforementioned lows, although modest gains among equities capped the downside. US currency.
XAUUSD : In the near term, and according to the 4-hour chart, the falling EMAs lead lower, now providing dynamic resistance around $1920.30.
The longer moving averages are still much higher than the shorter moving averages, while providing a downward slope, while technical indicators have bounced from intraday lows but are still in negative territory. pole.
In the end, Wall Street's positive tone finally interrupted USD's rally, helping
XAUUSD bounce from the aforementioned lows, although modest gains among equities capped the downside. US currency.Note
SELL XAUUSD zone : 1920 - 1922Stoploss : 1928
Take Profit : 1917
Take Profit : 1912
Take Profit : 1905
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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.