Gold (XAU)
Key news events today
No major news events.
What can we expect from Gold today?
As the DXY retraced lower overnight, Gold rebounded from the 1808 price level to reach the 1821 price level. As Gold currently consolidates along the 1817 price level, look for a potential breakout to the upside to retest the 1828 resistance level. However, if the DXY recovers in strength, look for Gold to reverse and trade lower, with the key support level at the round number price of 1800.
Next 24 Hours Bias
Weak Bullish
