Gold Price Forecast: XAUUSD to extend the corrective pullback on a dip under $1,745 Gold XAUUSD Technical Analysis
100-hour SMA near the $1,768 region seems to cap the immediate upside
“The 100-hour SMA, currently near the $1,768 region, now seems to cap the immediate upside. A sustained strength beyond has the potential to lift Gold back towards the multi-month peak, around the $1,783-$1,786 region. Bulls might then aim to reclaim the $1,800 psychological mark. The said handle coincides with a technically significant 200-day SMA, which if cleared decisively should pave the way for a further appreciating move.
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