Weekly Analysis 25/10/2022

WEEKLY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

H1 XAU/USD

Support & Resistance: R1: 1760
From the H1 chart, the price is attempting to breaks the resistance after retracement. Fed is turning less hawkish which weakening USD.

TRADING TIPS


Long Position

1765

1780

1750