XAUUSD

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XAUUSD

Ounce gold regained the 1833 level. We can consider the downward pricing as a violation. As long as the price remains above 1833, it is likely to produce upward reactions. It may test the imbalance marked with yellow borders in the 4-hour period. As of the 22:00 FOMC meeting minutes, we can also see sharp movements on the ounce gold side. 1851 and 1872 can be followed as reaction targets. Support: 1833 - 1800 Resistance: 1851 - 1872