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XAUUSD is moving within the 2030.00–2088.00 range

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD is moving within the 2030.00–2088.00 range

XAUUSD has been trading in a bullish trend within the last day. The support level is now located at 2030.00.

If the pair rebounds from the support level, analysts recommend opening a Buy order with a Take Profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.

The resistance level is now located at 2046.00 - 2065.00

The U.S. Nonfarm Payroll report will be released in a few hours and could affect this trade.

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