XAU/USD Remains Above 1,820.00

<p>On Wednesday, the XAU/USD exchange rate bounced off the Fibo 23.60% at 1,860.59. Given that yellow metal is pressured by the 55– and 100-hour moving averages near 1,853.00, it is likely that some downside potential could prevail in the market. The rate could decline below the 1,820.00 mark. In the meantime, it is unlikely that [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/353376-xau-usd-remains-above-1820-00/">XAU/USD Remains Above 1,820.00</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>