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Gold | XAUUSD Holding, Bouncing Off Support?

Published: 15.05.2023
by Joseph Jeffriess

Today’s focus Gold

Pattern – support hold

Possible targets – 2035

Support – 2007

Resistance –2016.50 (4H) 2034.50 – 2050

Hi traders. Thanks for checking out our latest update. Today we are looking at Gold and running over a few of the points we are watching price-wise that could suggest a new move higher. Price Is trying to clear some 4H resistance and has re-held off 207 support. If we do see a break higher, could we see a new test of 2034.50/2035 resistance?

Gold Analysis Video

Thanks for stopping by. Good trading, and have a great day.

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