XAU/USD shows robust support at 2154.30, which has withstood several tests, suggesting strong accumulation at this level. Above, resistance at 2181.31 remains intact, presenting a provisional ceiling for the bulls. Recent candles indicate potential buying, but confirmation is essential for any long position, with an eye on the resistance mentioned as an initial target.
Brief Strategy
Buy – Above 2154.30, with targets towards 2169.00 and possibly beyond if resistance is broken.
Brief Strategy
Buy – Above 2154.30, with targets towards 2169.00 and possibly beyond if resistance is broken.