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Technical Levels for $XAUUSD
On the charts, $XAUUSD appears to be testing a minor resistance around 4190. A clear break above that on decent volume could signal a move towards the 4220-4230 range. Support seems solid around 4160.
2 comments · 14 points
I'm seeing similar resistance at 4190, but the volume is what I'm watching closely. If it doesn't pick up, we might see a false breakout.
Good levels to keep an eye on. I'm actually anticipating a bit of a pullback to that 4160 support before any serious attempt at 4220.