XAUUSD June 19, 2022

Trade Path 1: XAUUSD is currently forming uptrend structure on the 4HR time frame. Price pulled back to find strong level of support at 1835.00 where price could bounce off of and head up to 1870. If price falls through 1835.00 we still have 1830.00 acting as support for an upside push.

Trade Path 2: If price manages to break under support level 1830.00, this will be a bearish sign. Could expect a retest from the bottom of 1830.00 where price could push into support level 1810.00 and maybe into 1800.00.
Chart PatternsTrend Analysis

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