Will the uptrend momentum continues next week on Gold/XAUUSD ?
XAUUSD pair last week finished with higher price of 1747 from 1692 , Gold demand has been increasing because of pandemic from March onwards and it still continues, last week momentum clearly shows the pair's urgency to cross 1800 mark and its is in the sight.
But this week it may stops by the strong resistance area @ 1750 and it may keeps the gold down for some days not so long..might retrace down to touch 1720 area . So this week Gold's aggression may not present.. its a hope
But this week it may stops by the strong resistance area @ 1750 and it may keeps the gold down for some days not so long..might retrace down to touch 1720 area . So this week Gold's aggression may not present.. its a hope
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.