XAUUSD support and resistance
Watch this: XAUUSD tested the support level of 4,100.00
General outlook
XAUUSD has been under selling pressure within the last day.
Now, the support level is located at 4,100.00.
If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.
Resistance levels are now located at 4,450.00 and 4,850.00.
The upcoming news will not influence your orders within the mentioned period.
We will publish our next post on support and resistance levels at 4:00 a.m. UTC tomorrow. Come back to discover more trading insights.
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XAUUSDT
Perp
4,256
-1.79%