While everything is going on with inflation XAU is breaking 200MA and heading higher. We could see a return to 1900x before the end of May.
With the double bottom on the daily at 1680 that firmly establishes a longer term floor, and 1974 and 1846 bring in short term support levels for trading.
With the double bottom on the daily at 1680 that firmly establishes a longer term floor, and 1974 and 1846 bring in short term support levels for trading.
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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.