Gold Price Forecast: XAU/USD needs acceptance above $1,730-$1734 to regain traction

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Gold Price Forecast: XAU/USD needs acceptance above $1,730-$1734 to regain traction
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Gold Price Forecast: XAU/USD needs acceptance above $1,730-$1734 to regain traction Gold XAUUSD Technical Analysis

Support at $1,708 could likely limit the decline

“On the downside, the channel resistance-turned-support at $1,708 could likely limit the decline. The next cushion is seen at the $1,700 threshold, below which the rising trendline support of $1,695 will be challenged.”Information on these pages contains forward-looking statements that involve risks and uncertainties. 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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