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XAUUSD Price Gap Up, Look for Buy Confirmation
XAUUSD Analysis – There is a potential continuation of the upward movement in XAUUSD. The H1 timeframe chart indicates a price gap up. Look for buying opportunities today.
Today’s Trading Strategy:
- BUY at Range 2045.16 – 2039.05
- Target: 2048.94 – 2055.05
- Alternatives:
- SELL STOP @2039.05
- Target: 2034.70 – 2029.16
Resistance Levels
- R1 2039.05
- R2 2034.70
- R3 2029.16
Support Levels
- S1 2045.16
- S2 2039.05
- S3 2048.94
- S4 2055.05
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