Yesterday, the XAU/USD was trading in different directions in the range of $1694-$1710 and closed the day without significant changes. Today, gold also traded in a narrow range of $1700-06, remaining near yesterday's closing price. For the third day in a row, on the hourly chart XAU/USD is testing support for strength - MA (200) Н1 moving average line ($1700). On the four-hour chart, gold remains above the MA 200 H4 line for now.
Resistances levels are at: $1711, $1723, $1736-38
Support levels are at: $1692, $1681-84, $1669
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