Gold movement February 9, 2022
All eyes on todays USD news.
Xauusd has gained strength since last week and has been on a bullish path and current at 1827 region.
1829/32 will stand as a strong resistance and above that we can see bull will roll the dice to 1838 zone
On the contrary, 1818 is acting as a strong support zone and below that we can expect the bears to take the game towards 1812, 1804 with a short term target close to 1760/52.
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Xauusd has gained strength since last week and has been on a bullish path and current at 1827 region.
1829/32 will stand as a strong resistance and above that we can see bull will roll the dice to 1838 zone
On the contrary, 1818 is acting as a strong support zone and below that we can expect the bears to take the game towards 1812, 1804 with a short term target close to 1760/52.
If you like the analysis, please like and share your feedback.
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