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XAUUSD market technical outlook

Daily chart:

Bulls predictably broke inside bar to the upside and now they just have to complete upswing. Probable targets of buyers are 1737.39 and 1744.67-1746.27.


Local upward structure is in trending phase, therefore we can consider long trades with count on reaching of resistance zones 1737.39 and 1744.67-1746.27.

Growth in direction 1737.39 and 1744.67-1746.27.

Trading recommendations:

Longs to 1737.39 and 1744.67-1746.27.

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