XAUUSD new higher low is ready to be set

XAUUSD is bouncing off 1910 support.

 

Gold found support at the 1890-1910 zone, a strong confluence of the uptrend base. A break above 1950 is now required for the confirmation of uptrend continuation. Only a break below 1900 would directly lead to an invalidation of a new upside swing higher. Next medium to long-term target in extension higher lies around 2200.

Note: look for the long trade entries with the stop loss below 1910

 

XAUUSD is reversing higher

 

 

 

 

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