A Comment on XAUUSD for the symbol FOREXCOM:XAUUSD by confidentzero — NewsOfFinance


🔽XAUUSD commodity moves below the trend. Closes below 1668 level can test 1658 support level. If it is below this level, we can see 1650 levels in the commodity. If it closes above the 1668 level, it can test the 1672 resistance level. We can continue to rise above this level and see 1680 levels in commodities. The US data to be announced today and the US interest rate decision are important for commodities. If the US data is positive, we can observe a decrease in the commodity, and if the data is negative, we can observe an increase in the commodity. ◾️

Soruce : https://tr.tradingview.com/chart/XAUUSD/trf3wHva/

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