XAUUSD Forex Analysis for Today – Friday (15-09-2023)
Visit us at www.forexeducation.forexsahara.com
XAUUSD Fails to Break Support, Potential Rebound
Analysis of XAUUSD – The strengthening US dollar is affecting the movement of XAUUSD. XAUUSD is currently moving downward but has failed to penetrate the support area of 1905.58 – 1900.00.
Today’s Trading Strategy:
There is a buying opportunity for XAUUSD today as long as it doesn’t break below the 1905.58 – 1900.00 area, with the potential to rise towards the 1913.75 – 1917.61 area.
Alternatives:
A breakthrough of the support area at 1905.58 – 1900.00 could potentially push XAUUSD down to the 1890.27 – 1887.77 area.
Resistance Levels:
- R1: 1917.61
- R2: 1931.25
- R3: 1946.66
Support Levels:
- S1: 1900.00
- S2: 1887.77
- S3: 1883.30
forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast