XAU/USD bulls remain in control, trading near $1723/oz ahead of Asia. The level to beat for buyers is the 1740 resistance. XAU/USD daily chart After breaking to fresh 2020 highs, this Wednesday XAU/USD had a modest consolidation day while trading above the main DMAs (daily simple moving averages) suggesting that bulls remain in full control of this market. XAU/USD four-hour chart XAU/USD is trading above the main SMAs, making higher highs and lows while holding above the 1690/1700 support zone as buyers are eyeing the 1740 and 1780/1800 levels to the upside. On the flip side, support can be seen near the 1690/1700 price zone and the 1660 level on any retracement down. Additional key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Japanese government to cut economic assessment for 2nd straight month in April – Â Nikkei FX Street 2 years XAU/USD bulls remain in control, trading near $1723/oz ahead of Asia. The level to beat for buyers is the 1740 resistance. XAU/USD daily chart After breaking to fresh 2020 highs, this Wednesday XAU/USD had a modest consolidation day while trading above the main DMAs (daily simple moving averages) suggesting that bulls remain in full control of this market. XAU/USD four-hour chart XAU/USD is trading above the main SMAs, making higher highs and lows while holding above the 1690/1700 support zone as buyers are eyeing the 1740 and 1780/1800 levels to the upside. On the flip side,… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
