XAU/USD shows strong bullish momentum targeting the 1st resistance at 2,048.66, a level marked by multi-swing highs. On the support side, the 1st support at 1,979.40 aligns with overlap support, and the 2nd support at 1,947.49 acts as a pullback support, creating solid support zones. In summary, XAU/USD appears poised for further bullish movement, with notable support and resistance levels in play.
FX.co ★ XAUUSD Day | Bullish Continuation Expected?
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XAUUSD Day | Bullish Continuation Expected?
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade