XAUUSD at daily support, likely to head to 1936-1943
The price has hit the daily support after getting rejected from weekly resistance. I think the price shall have a bounce here which means a long is favorable from here. The target of this trade should be the daily resistance DR1 which is sitting around 1936-1943 area.
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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.