XAUUSD Analysis
XAUUSD Analysis ( GOLD ) tested its critical support zone of $1850. Due to The resurgent. US dollar haven demand amid looming global growth. And inflation fears weighed negatively on Gold Price. It is trading near to its trend line. Further down, sellers will target the pivot point one-week S2 at $1,827. XAUUSD Analysis Gold The last line of defense for gold. bulls is seen at $1,815. the pivot point one-day S2. On the upside. any recovery could gain momentum only on a sustained break above. the previous high $1850 above. which the Fibonacci 23.6% one-day could be tested. The resurgent US dollar haven demand amid looming global growth. and inflation fears weighed negatively on Gold Price, as traders ignored. the pullback in the Treasury yields from multi-year highs. On high side SAUUSD has important resistance of $1865. above this mark. if it closed then further upside movement $1885 and $1900 in short term.
