XAUUSD Retracement Signals Potential Temporary Upside

XAUUSD currently finds support at 2161, suggesting a temporary retracement. In terms of trend, XAUUSD remains within a bullish trajectory, with the nearest upside resistance around 2188. Supported by the stochastic indicator in oversold territory, there is potential for XAUUSD to strengthen temporarily

Kommentera:

Kommentera:

I believe that the price of gold could reach the level of 2208 and even higher.