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24.11.2023 06:07 AM
The XAU/USD pair is showing bearish potential, with a significant support at 1985.14, known as an overlap support. If the price drops further, the 2nd support at 1968.63, a swing low support, may offer a defensive stance.
On the upside, the 1st resistance at 1996.02 serves as an overlap resistance, and overcoming it could be challenging. Above that, the 2nd resistance at 2006.90, which is a multi-swing high resistance, could cap the upside.
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*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
