XAUUSD

10:21, 07 May

XAUUSD

There is no fundamental progress for Gold prices. Our technical levels give a good trade opportunities.  

We think that down movements can give a buying opportunities from the main support levels. So, we follow 1678 and 1670 as a support level. The Gold prices can recover from this support levels. On the other hand 1705 is the key resistance level in short term.  

Resistance levels: 1696 – 1705 - 1710 
Support levels: 1678 – 1670 - 1660