XAUUSD Rally, Seeking Buy Confirmation
Analysis of XAUUSD – The weakening of the US dollar post the Fed meeting is propelling XAUUSD, indicating potential for its upward continuation today.
Today’s Trading Strategy:
- Buy in the Range of 2020.00 – 2014.30
- Target: 2025.62 – 2040.04
Alternative:
- Set Sell Stop @2006.35
- Target: 1998.41 – 1988.57
Resistance Levels
- R1: 2006.35
- R2: 1998.41
- R3: 1988.57
Support Levels
- S1: 2020.00
- S2: 2014.30
- S3: 2025.62
- S4: 2040.04
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