Tag: XAUUSD

XAUUSD price testing major support level, cautious bulls wait

XAUUSD price testing major support level, cautious bulls wait

The pair XAUUSD sharply fell in the global market after hitting the major resistance level at 1366.037. The aggressive price action traders made a decent profit by shorting the XAUUSD pair with the bearish pin bar. However, the pair found some decent support at 1160.495 and started its bullish correction. The bulls managed to take control of the market from that level and pushed the pair towards the critical resistance level at 1346.558. The buyers again lose control of this market from that level and the price of XAUUSD drop towards the nearest support level at 1275.070. This level is going to play a crucial role for this pair since […]

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