This article was first published on Orbex Forex Trading Blog.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -

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.

Test your strategy on how gold will fare with Orbex - Open your account now. 

The post XAUUSD likely to rebound appeared first on Orbex Forex Trading Blog.


--
To keep reading this article, please navigate to: Orbex Forex Trading Blog.

Tagged on: