– I’ll be looking for potential Buys above 3647.500 targeting 4h Rejection formed at 3657.800 Leaving Runners to the Hourly Resistance formed at 3666.800.
– I’ll be looking for potential Sells below 3635.000 targeting Hourly Support formed at 3623.500 Leaving Runners to the 15min Strong Support formed at 3611.300.
– With the daily candle for XAU/USD closing bullish, we now wonder if we’ll see a continuation to the upside or a bit of consolidation first. Plus, it’s worth noting that this bullish close has formed a new daily support around the 3620 level.