XAUUSD Outlook: Waiting for Confirmation Above $2350
Diterjemahkan otomatis dari aslinya · Baca versi asli (English)
I'm closely watching XAUUSD these days. After a slight correction, the price is now trying to recover and hold above the $2350 level, which I see as a key resistance. If it can break through, there's a chance to see it retest the $2370-2380 zone.
However, if it fails to maintain above $2340, I think we might easily see it test $2320 or even lower. For me, it's quite neutral right now. If it doesn't clearly break $2350, I'm not keen to take a strong position, as the risk of profit-taking sell-offs is still high. I need to see how the daily candle closes to confirm if it can hold.
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