XAUUSD Technicals
Depending on which chart you look at, the all-time high for gold is between 1900 and 1920.
As such, we can expect sellers to defend that area this week.
Support for the week ahead comes in at 1875 with a close below that re-exposing 1815.
A close above the all-time high, which I believe to be a formality at this point, would open the door to the 2000 handle.
As such, we can expect sellers to defend that area this week.
Support for the week ahead comes in at 1875 with a close below that re-exposing 1815.
A close above the all-time high, which I believe to be a formality at this point, would open the door to the 2000 handle.
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.