XAU/USD Pressured By 55- And 100-Hour SMAS

<p>During Monday morning hours, the XAU/USD exchange rate bounced off the 1,810.00 level. Given that yellow metal is pressured by the 55– and 100-hour moving averages in the 1,845.00 area, it is likely that some downside potential could prevail in the market, and the rate could re-test the 1,810.00 mark. In the meantime, it is […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/354051-xau-usd-pressured-by-55-and-100-hour-smas-6/">XAU/USD Pressured By 55- And 100-Hour SMAS</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>