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XAUUSD Technical Analysis

Technical Analysis: Strong Bullish for Gold XAUUSD

$1455, $1765, $1855, $1900, $1965

XAUUSD Technical Analysis

Price tested the previous resistant $1765 level which is current support level.

We are considering going long after a retracement and bounce from $1765 level with bullish price action signal (e.g. bullish pin bar or bullish engulfing) on the weekly chart.

If the market breaks upside $1965 structure level, will continue a strong upside move. Monthly strong support level sits at $1455 level.

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