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January 10, 2022

Key Gold Hurdles To Keep In Mind During U.S. Session Jan 10, 2022

Key Gold Hurdles To Keep In Mind During U.S. Session

Today’s U.S. Session will remain empty as no key economic indicators from the U.S. has shceduled but gold likely to give volatility in the absence of key U.S. fundamentals.

Let’s keep in mind the key hurdles while trading in Gold.

Technical View:

XAU/USD (Gold):

The Gold rises on Monday in early U.S. session.
Today pair made intraday high at $1,802 and low at $1,790 mark.
A day chart and H1 chart with triple EMA suggest up trend for the time being.
A sustained close above $1,804 on H1 chart requires for the upside rally.
Alternatively, a consistent close below $1,786 will check further supports.

SUPPORTS	RESISTANCES
$1,786	$1,804
$1,781	$1,809
$1,776	$1,814
$1,772	$1,820
$1,767	$1,824

Take a look and do trade wisely!
Good Luck

TP Global FX Research Team

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