"XAUUSD" Weekly Trading View DATE: 05-10-2024

Jai Shri Ram! http://www.fxlive.in/ "XAUUSD" Weekly Trading View: Last week we had seen range bound trading and made high of $2673.14 and before that made low of $2624.54 and $2653.27 is weekly close. Now Question is what's Next ? as per weekly close, market still looks bullish. now there is good trend-line resistance and Fibonacci retracement level of $2688 and if we get break out and holding or closing above our levels then we can see more powerful upside movement up to $2725 & $2762 but if XAUUSD, not able to holding above our levels then we can see some cooling pressure up to $2624 and after that $2590 Regards The Market thinker MCX Commodity + NSE Equity and Forex Market