Previous Story
XAUUSD Likely To Rebound
Posted On 21 Apr 2020
Comment: 0
Gold prices are recovering following the sell-off from last week.
Price action fell to the expected support level of 1671.95. Following this decline, prices are rebounding.
We expect a possible move higher. The previous level of 1712 will most likely be tested as resistance to the upside.
Therefore, we expect gold prices to remain range-bound within these levels.