LimitMarkets

1474 level is on our radar in XAUUSD.

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Although U.S. – China trade deal has been accepted by the U.S. side, China hasn’t commented on the issue yet. Also, the selling pressure, which has arisen due to the latest news in the precious metal, is losing its impact gradually. If the current recovery trend continues, 1474 and 1478 will be on our radar as the resistance levels. On the other side, 1462 and 1456 support levels are still significant for us for possible retreats in the precious metal.

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