XAUUSD Continues to Rise.
When the XAUUSD hourly chart is examined; It is observed that the price movements continue with the formation of a Cup formation above the support zone. As long as the XAUUSD 2656 level is not broken down, it is evaluated that the price movements above the 2670 level can target the 2713 level by crossing the 2686 level upwards.
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.