XAUUSD
XAUUSD is currently exhibiting a neutral stance on the 1-hour timeframe, trading between support at 2238 and resistance at 2335. The price action suggests a consolidation phase, indicating indecision in market sentiment. Traders should monitor for potential breakout scenarios while considering key technical indicators for confirmation, exercising patience and prudent risk management during this period of uncertainty.
Trade active
Trade closed: target reached
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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.