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XAUUSD ANALYSIS 26 MAY 2022 THRUSDAY

XAUUSD ANALYSIS 26 MAY 2022 THRUSDAY

xauusd analysis gold
XAUUSD Analysis (GOLD) is not holding its higher level and coming down it also given upwards slopping trend line break out which indicate more selling in it. Yesterday it made a low of $1841.60 If it sustain below this mark then we can seen selling towards next support zone of $ 1830 and $18110. On higher side XAUUSD is not holding its important resistance mark of $1865 above this mark we can expect upside move till next resistance level of $ 1890 .Further Market participants now look forward to the us data  – featuring the release of the Prelim Q1 GDP, the usual Weekly Initial Jobless Claims and Pending Home Sales. This, along with the US bond yields, will influence the USD price dynamics.