The price has reached the strong resistance zone and bounced off it. XAUUSD has pulled back from this level before. The price formed a potential fake breakout of the resistance on the daily timeframe. We have a long-tailed rejection bar. It closed below the 2070 key level.
I think the market may pull back from the resistance and try to close below 2070 this week,On Friday, the market usually makes a retracement after a trending week.
My goal is the support around 2056.800
I think the market may pull back from the resistance and try to close below 2070 this week,On Friday, the market usually makes a retracement after a trending week.
My goal is the support around 2056.800