fxstreet.com 17 Feb, 2021 17:00 am

XAU/USD bounces at critical support, bulls eye $1,803 – Confluence Detector

Gold has suffered a fresh blow from US Retail Sales – Americans expanded their expenditure by no less than 5.3% in January, far above expectations. Th

XAU/USD resistance and support levels Confluence Detector The Confluence Detector finds exciting opportunities using Technical Confluences.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.In the meantime, President Joe Biden continues pushing his massive $1.

The Technical Confluences Indicator is showing that gold has critical support at $1,781, which is the convergence of the Simple Moving Average 5-15m, the Pivot Point one-week Support 2, the PP one-day S1 and more.Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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XAU/USD bounces at critical support, bulls eye $1,803 – Confluence Detector

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