XAU/USD may rise 44.00 – 74.00 USD

Our preference

Long positions above 4430 with targets at 4525 & 4555 in extension.

4,600.000 Resistance...

4,555.000 Resistance ..

4,525.000 Resistance.

4,481.000 Last

4,430.000 Pivot

4,430.000 Support.

4,380.000 Support..

4,350.000 Support...

The RSI has just landed on its neutrality area at 50% and is turning up.

Alternative scenario

Below 4430 look for further downside with 4380 & 4350 as targets.

$XAU

XAU
XAUUSDT
4,834.48
+1.26%

#GOLD_UPDATE