XAU/USD Technical Analysis - Uniglobe Markets

XAU/USD Technical Analysis

Posted on March 13, 2019 at 07:41 AM

The price of gold is now settling around 1298.00, and we expect gold to rise in the coming days. Any trading above this level should be considered positive. Now, the bullish wave of gold continues to breach the psychological barrier 1308.00, but we confirm that this requires stability of trading above 1293.00

Support: 1288.00

Resistance: 1305.00

Price Trend: The pair is rising above 1298.00 targeting the level of 1308.00 provided it does not break below 1293.00

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