Gold Technical Update

XAUUSD remain firmly in its uptrend today, and is consolidating just above support at 1826.00/1828.00. While above this level expect further upside moves toward 1842.00/1844.00

A break of this resistance would see 1850.00 1852.00 targeted with 1864.00/1866.00 possible in an extended move up.

A Break bellow support at 1828.00 would see a drop to 1820.00/1818.00 and even a deeper correction to 1814.00

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Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

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