The XAU/USD chart has a bearish momentum with key levels to watch, including the 1st support at 1932.61 (overlap and 38.20% Fibonacci retracement), 2nd support at 1904.32 (overlap and 50% Fibonacci retracement), 1st resistance at 1946.32 (overlap resistance), and 2nd resistance at 1964.32 (another overlap resistance).
FX.co ★ XAUUSD H4 | Bearish Continuation Expected?
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XAUUSD H4 | Bearish Continuation Expected?
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade