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XAUUSD Analysis

XAUUSD Analysis

xauusd analysis

XAUUSD Analysis ( GOLD)  is not hold its higher level and come down. it has also given upward slopping break out. Now it is trading near to its major psychological support level of $ 1850. if it sustain below this mark. we can seen its drag down towards its next support zone of $1840 and $ 1820. On higher level The 50-SMA at $1,880. will be the level to beat for gold bulls should the recovery momentum continue. XAUUSD Analysis gold The Relative Strength Index (RSI) has turned flat below the midline. suggesting that the rebound could be losing steam. $1900 is again important resistance level above this $1910 and $ 1915.

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