XAUUSD IDEA
#XAUUSD (timeframe 1 hour) reaches our resistance and after a false breakout it falls rapidly downwards (in the moment waiting for news from the USA - retail sales)
US: Retail Sales (September) = +0.7% m/m (expected 0.3%)
Positive news for the dollar has a corresponding effect on the dollar.
By the way, the reaction on gold is starting to fade (the market is starting to get used to the atmosphere around it). There is a suggestion that the price may go into a long range phase or even a correction to 1903.
Support levels: 1922.97, 1916.11, 1929.98
Resistance levels: 1928.8
Range of 1914, there is a probability of price bounce from the resistance. Further growth may continue after the price goes beyond 1931 the signal for this will be further consolidation of the price above the level.
US: Retail Sales (September) = +0.7% m/m (expected 0.3%)
Positive news for the dollar has a corresponding effect on the dollar.
By the way, the reaction on gold is starting to fade (the market is starting to get used to the atmosphere around it). There is a suggestion that the price may go into a long range phase or even a correction to 1903.
Support levels: 1922.97, 1916.11, 1929.98
Resistance levels: 1928.8
Range of 1914, there is a probability of price bounce from the resistance. Further growth may continue after the price goes beyond 1931 the signal for this will be further consolidation of the price above the level.
Feragatname
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