XAUUSD

On the ounce gold side, our 1959 drop target has arrived. The lower side has also been tested. A 4-hour order block price seems to have held. As long as it remains above 1934, upward movements can be expected to continue. The 4-hour imbalance limit near 1968 may test here in the short term. Support: 1945 – 1937 - 1934 Resistance: 1968 – 1980 - 1998