XAUUSD

Ounce gold was pulled back to its hourly imbalance at 1914.77 and repaired the price imbalance. The main direction is up. Since the main return in the upper time frames was provided from the 200-day average, we expect it to continue upwards after corrections. As long as it remains above 1914.77, it is expected to produce an upward wave from here again. Support: 1914.77 Resistance: 1922 - 1929