XAUUSD Forex Analysis for Today
Check SELL Opportunities for XAUUSD: Held by Trendline Again
XAUUSD Analysis
Market Awaits Fed Meeting
Gold prices remain under pressure due to the strengthening dollar. The market is awaiting the Fed’s interest rate decision this week and looking for clues from various economic data.
Held by Down Trendline
Prices are still held in the downtrend line area seen on the H1 time frame.
Prediction: WEAK XAUUSD
Resistance
- R1: 2450.00
- R2: 2425.00
- R3: 2400.00
- R4: 2375.00
Support
- S1: 2409.68
- S2: 2371.31
- S3: 2351.09
- S4: 2330.06
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