XAU/USD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test it again within the next 2 days.
Want to get full Autochartist Access including the Autochartist Market Scanner, email reports,Mobile App, and the full Autochartist Web App?
Subscribe here: ChartViper Subscriptions