1487 is a critical level in XAUUSD

24 בדצמ׳ 2019

The upward movements in XAUUSD is close to the upper band. The precious metal’s upward movements, which began on the first trading day of the week, continue around 1493 area, the upper band. 1486 support level is still important for the continuity of the short-term retreats. In case the retreats decrease below this level, 1484 level will also be on our radar. In case of possible upward movements, 1493 and 1496 will be critical resistance areas.