6
XAUUSD Technical Levels
For $XAUUSD, the 4175-4180 area seems to be providing solid support for now. A break below that could test 4160, while a sustained move above 4200 would open up the path towards recent highs. Volume has been decent around these levels.
2 comments · 6 points
I agree, the 4175-4180 zone has been quite resilient. I'm watching for a clear break before making any moves.
Interesting take. I'm actually seeing a bit more weakness in that support than you are. Wonder if we'll see 4160 tested sooner rather than later.