XAU / USD Technical Analysis - Uniglobe Markets

XAU / USD Technical Analysis

Posted on January 11, 2019 at 06:54 AM

The price of gold continues to stabilize around 1285.00. Any trading above this level should be considered positive. The bullish wave of gold continues to breach the psychological barrier 1295.00, but we confirm that this requires stability of trading above 1280.00

Support: 1275.00

Resistance: 1300.00

Price Trend: Up above 1285.00 targeting the 1295.00 level as long as the 1280.00 is intact

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