XAU / USD Technical Analysis - Uniglobe Markets

XAU / USD Technical Analysis

Posted on November 6, 2018 at 09:58 AM

Gold continues to rise, and its positive trading continues to stabilize around 1230.00. Any trading above this level should be considered positive. Now, the bullish wave of gold continues to breach the psychological barrier 1240.00, but we confirm that this requires stability of trading above 1225.00

Support: 1220.00

Resistance: 1245.00

Price Trend: Up above 1230.00 targeting the 1240.00 and 1245.00 levels as long as the 1225.00 remains intact

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