Gold (XAU)
Key news events today
No major news events.
What can we expect from Gold today?
Overnight, Gold fluctuate along the 1845 price level with no directional bias as the market consolidated. While the price remains below the 1850 price level, a rejection of the resistance could lead to a resumption of the downside for Gold, down toward the support level of 1820. Alternatively, if the price breaks out above 1850, Gold could continue with the correction to the upside, with the next immediate resistance at 1870.
Next 24 Hours Bias
Weak Bullish
