Since last 48 days gold is trending under a closed range of 2063-2010 -$50 range which
covers whole month data , geopolitical tensions and FOMC Interest rate decisions.
XAUUSD showing no much interest since long , previous high was taken on 4th Dec 2148
and in same month on 13th Dec 2023 took previous low of 1973 post which a major movement is missing.
this week again NFP data and FOMC will be released. I am expecting movement in range 2000-1950||
2070-2100-2150.
Support and resistance levels will be changed according to the technical analysis which will be shared on Friday this week.
covers whole month data , geopolitical tensions and FOMC Interest rate decisions.
XAUUSD showing no much interest since long , previous high was taken on 4th Dec 2148
and in same month on 13th Dec 2023 took previous low of 1973 post which a major movement is missing.
this week again NFP data and FOMC will be released. I am expecting movement in range 2000-1950||
2070-2100-2150.
Support and resistance levels will be changed according to the technical analysis which will be shared on Friday this week.