XAUUSD Ascending Toward Psychological Level 2050

XAUUSD Analysis – Weakness in the US dollar is once again driving XAUUSD, with the price potentially ascending towards the psychological level of 2050.

Today’s Trading Strategy:

• BUY in the Range of 2034.75 – 2027.36
• Target: 2046.72 – 2050.00
• Alternative:
• SELL STOP @2027.36
• Target: 2022.09 – 2015.39

Resistance Levels:

• R1 2027.36
• R2 2022.09
• R3 2015.39

Support Levels:

• S1 2034.75
• S2 2027.36
• S3 2046.72
• S4 2050.00

Please note: This information is provided for analysis purposes. Make informed decisions based on your own research and risk assessment.

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