Gold Weekly Analysis (XAUUSD)
The bears and bulls seem to be in a real tug of war with 1680 support zone proving to hold for the year since March.
Since the retest on Aug 10th and the rally back up, a more significant support has been established around 1760 which is all the rage for the bulls, and an equally significant resistance zone around 1810 marking a ranging zone for pair in the last month.
For the year’s close on the technical side it is anyone’s game at this point. What’s your take on gold?