Gold price approaches important resistance level

By TrategySherpa
Updated
Gold price, after overcoming the resistance zone at $2,050/oz, continued to increase in the trading session after the Christmas holiday to $2,065/oz, thanks to the weakness of the US dollar.

This week, gold prices will likely stabilize around current levels, due to the lack of important economic data. However, if the war situation in the Red Sea continues to escalate, gold prices may continue to increase sharply.
Comment
SELL XAU 2065
TP1: 2055
TP2: 2050

BUY XAU 2055
TP1: 2065
TP2: 2075
Comment
Close buy and sell now
Comment
hit full TP + 150 pips
ForexforexsignalsforextradingFundamental AnalysisTechnical IndicatorssignalstradingTrend AnalysisXAUUSD
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