XAU/USD Analysis: Remains Below 1,815.00

<p>Yesterday, the XAU/USD exchange rate declined to the support provided by the 100-hour SMA near 1,795.00. During Friday morning, the rate reversed north. It is likely that yellow metal could gain support from the 55-hour moving average near 1,805.00 and extend gains in the short term. Note that the nearest resistance level—the monthly R1, is […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/310116-xau-usd-analysis-remains-below-1815-00/">XAU/USD Analysis: Remains Below 1,815.00</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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