XAUUSD: looking for long oppotunity
During Asian and euro sessions on Monday, gold price has successfully rejected by resistance of 1714/1715 and then steeped under 1700
As plotted in daily chart, there is a potential uptrend support at around 1660s to support the upward trend from 1267 /ounce in year of 2019, along with the strong support at 1450
Therefore, i see that it would be very likely to be strongly supported at 1660s-1670 with 1st target at around 1700.
As plotted in daily chart, there is a potential uptrend support at around 1660s to support the upward trend from 1267 /ounce in year of 2019, along with the strong support at 1450
Therefore, i see that it would be very likely to be strongly supported at 1660s-1670 with 1st target at around 1700.
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.