XAUUSD
1149
Market has broken the mid-term down trend at the levels of 1120s , as long as the market trading higher than these levels then on the short-term the higher probability move would be upward with increasing buying pressure to 1150s then 1156.
Gold price gaining enough positive momentum to push the price to resume the bullish trend, waiting for heading to 1170 then 1200 as main targets. However , trading below the levels of 1105 then a range market with downward slope is expected between 1088s and 1114s.
| Support | Resistence | |
| Level 1 | 1155 | 1133 |
| Level 2 | 1168 | 1125 |
| Level 3 | 1177 | 1114 |
