XAU/USD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
XAU/USD exhibits a sharp increase in market volatility following a rejection at the 4780.00 resistance level and a subsequent impulsive bearish move. This decline successfully breached the 4730.00 horizontal support before converging with the 100-period Simple Moving Average, which is presently situated at 4584.47. The current valuation of 4633.025 reflects an immediate price stabilization at this dynamic support level, marked by a visible lower wick on the current hourly candle rejecting the moving average.



Prior to this corrective phase, the pair maintained a sustained uptrend characterized by price action remaining consistently above the SMA 100. Key horizontal levels established on the chart include support zones at 4530.00 and 4430.00, while the 4730.00 and 4780.00 marks serve as the primary overhead resistance levels within the current technical structure.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.