Trading signals

XAUUSD

XAUUSD

Geopolitical and trade risks are supporting the gold. However, a stronger dollar is weighing on the precious metal.

 

The main scenario assumes a recovery to the 1465 resistance. 

An alternative scenario is a move to 1450.

Trading recommendations

 

A break above 1460 will show room for further upside to 1465.

A close below 1455 will generate fresh bearish signal to 1450.

 

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