XAUUSD Forex Analysis for Today, Monday (30-10-2023)

XAUUSD Forex Analysis for Today, Monday (30-10-2023)

XAUUSD Breaks Psychological Level of 2000

XAUUSD Analysis – Increasing demand for a safe haven is influencing the movement of XAUUSD. XAUUSD has the potential to continue rising towards the resistance area.

Today’s Trading Strategy:

There is a buying opportunity for XAUUSD today as long as it doesn’t break below the area of 1996.58 – 1989.95, with the potential to rise to the area of 2022.60 – 2030.89.


If there is a breakthrough below the support area of 1996.58 – 1989.95, it has the potential to push XAUUSD down to the area of 1974.92 – 1970.04.

Resistance Levels:

  • R1: 2010.17
  • R2: 2022.60
  • R3: 2030.89

Support Levels:

  • S1: 1989.95
  • S2: 1970.04
  • S3: 1960.87
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