XAU/USD: TRADING RECOMMENDATIONS

XAU/USD: TRADING RECOMMENDATIONS

19 January 2021, 13:15
Yuri Papshev
0
104

In an alternative scenario, a confirmed breakdown of the support level of 1818.00 will signal the resumption of sales of XAU / USD, and the breakdown of the local support level of 1770.00 will direct XAU / USD towards support levels 1685.00, 1560.00, 1525.00.


Support levels: 1818.00, 1770.00, 1685.00, 1560.00, 1525.00
Resistance levels: 1856.00, 1868.00, 1963.00, 1976.00, 2010.00, 2075.00

Trading recommendations
Sell ​​Stop 1801.00. Stop-Loss 1869.00. Take-Profit 1770.00, 1685.00, 1560.00, 1525.00

Buy Stop 1869.00. Stop-Loss 1801.00. Take-Profit 1963.00, 1976.00, 2010.00, 2075.00

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**) XAU/USD:  Current Fundamental Analysis and Market Expectations