Support line breached by XAUUSD

Past performance is not an indicator of future results.
XAUUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1270.1791 can be expected within the next 11 hours.

Jetzt handeln