– I’ll be looking for potential Buys above 3632.500 targeting Hourly Resistance at 3645.000 Leaving Runners to the 4h Resistance formed at 3657.500.
– I’ll be looking for potential Sells below 3620.000 targeting 15min Support at 3609.000 Leaving Runners to the previous 4h Resistance formed at 3596.500.
– XAU/USD closes the day on a bearish note at 3625, after a fresh high at 3675.500 was rejected. The market’s sentiment is further stirred by news of Israel’s attack on Qatar, adding extra volatility to the precious metal’s price action.