XAU/USD is on fire printing fresh 2020 highs into Friday. The level to beat for buyers is the 1648.36 resistance. Gold daily chart XAU/USD is trading in an uptrend above its main daily simple moving averages (SMAs) while breaking above a bull channel. Gold is printing fresh 2020 highs hitting $1646.64 per ounce on an intraday basis. Gold four-hour chart Gold is spiking up breaking several resistance levels. As the buyers are being relentless, XAU/USD is about to challenge the 1648.36 resistance. A break above the above-mentioned level is likely to lead to further gains towards the 1660.00 and 1675.00 resistance levels. On the flip side, the retracement down might find support near the 1636.40, 1632.98 and 1627.85, according to the Technical Confluences Indicator. Resistance: 1648.36, 1660.00, 1675.00 Support: 1636.40, 1632.98, 1627.85 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 EUR/USD: PMIs triggering profit-taking FX Street 2 years XAU/USD is on fire printing fresh 2020 highs into Friday. The level to beat for buyers is the 1648.36 resistance. Gold daily chart XAU/USD is trading in an uptrend above its main daily simple moving averages (SMAs) while breaking above a bull channel. Gold is printing fresh 2020 highs hitting $1646.64 per ounce on an intraday basis. Gold four-hour chart Gold is spiking up breaking several resistance levels. As the buyers are being relentless, XAU/USD is about to challenge the 1648.36 resistance. A break above the above-mentioned level is likely to lead to further gains towards… Regulated 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.
