XAUUSD: My perspective!
Technical Overview
According to the daily chart for XAU/USD, it is currently trading in between a bearish 34 Simple Moving Average EMA at around 2,002.40 and a bullish EMA89 at 1,931.60. The technical indicators suggest that the risk is tilted towards the downside, with the Momentum indicator showing a bearish slope and the Relative Strength Index (RSI) consolidating around 44. As a result, there is a high likelihood of sellers adding to their positions near the $2,000 region.
Support levels: 1,961.60 1,944.00 1,931.60
Resistance levels: 1,984.20 1,996.80 2,002.40
According to the daily chart for XAU/USD, it is currently trading in between a bearish 34 Simple Moving Average EMA at around 2,002.40 and a bullish EMA89 at 1,931.60. The technical indicators suggest that the risk is tilted towards the downside, with the Momentum indicator showing a bearish slope and the Relative Strength Index (RSI) consolidating around 44. As a result, there is a high likelihood of sellers adding to their positions near the $2,000 region.
Support levels: 1,961.60 1,944.00 1,931.60
Resistance levels: 1,984.20 1,996.80 2,002.40
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.