XAUUSD IDEA
XAUUSD price is closing inside the range of 2748-2713. A support retest is forming and liquidity capture may reignite upside interest. Traders are waiting for the Fed's actions: which side will the regulator take - aggressive or conservative strategy of policy easing? We should not forget the uncertainty around the US presidential election combined with growing geopolitical concerns in the Middle East.
For today, all eyes are on Durable Goods Orders (MoM) (Sep), which could provide new hints on the state of the US economy
Resistance levels: 2722, 2727, 2735, 2748
Support levels: 2713, 2702
For today, all eyes are on Durable Goods Orders (MoM) (Sep), which could provide new hints on the state of the US economy
Resistance levels: 2722, 2727, 2735, 2748
Support levels: 2713, 2702
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