XAUUSD: Monitoring Resistance Levels for ...

XAUUSD: Monitoring Resistance Levels for Short Setup

Nov 12, 2024

I anticipate a recovery on XAUUSD following yesterday’s decline. The price seems to have found temporary support around 2595.050. I’m watching closely for a retracement toward key resistance zones at 2651.935 and 2680.230 as potential selling points to resume the downtrend. These levels could offer optimal entry opportunities to sell XAUUSD. I’ll continue to monitor the price action carefully to ensure precise timing for the short setup.

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