XAU/USD Gold prices vs US dollar bounced back at 1418.21

Denis Joeli Fatiaki Independent Analyst

XAU/USD Gold prices vs US dollar bounced back at 1418.21

XAU/USD: Gold prices managed to bounce back at the estimated support price level at 1418.21 in the past half your and now looking to re-test 1423.42 resistance. The pair could continue to 1429.52 if it holds above 1423.42. 1411.15 is the next estimated support level if it fails to hold at 1418.21

Author

Denis Joeli Fatiaki

Independent Analyst

Denis Joeli Fatiaki possesses over a decade of extensive experience as a multi-asset trader and Market Strategist.

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