XAUUSD
The gold price was able to penetrate the 1873.50 level, and closed the daily candle above it, confirming the continuation of the dominance of the upward trend and opening the way to head towards our next positive target, which is located at 1913.15.
Therefore, we will continue to favor the upward trend for the coming period, and it receives good support from the moving average 50, keeping in mind that the current negativity of the Stochastic indicator may cause some temporary sideways fluctuation before the expected rise resumes, while breaking 1873.50 and holding below it will stop the positive scenario and put pressure on the price. To turn down.
The expected trading range for today is between support 1865 and resistance 1900
Therefore, we will continue to favor the upward trend for the coming period, and it receives good support from the moving average 50, keeping in mind that the current negativity of the Stochastic indicator may cause some temporary sideways fluctuation before the expected rise resumes, while breaking 1873.50 and holding below it will stop the positive scenario and put pressure on the price. To turn down.
The expected trading range for today is between support 1865 and resistance 1900
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