XAUUSD Rebound from its lower area of its Medium term consolidation 1676 & 2075.
For a while, XAUUSD is rejected by 1786 around its MA 50 Daily.
If Break & Hold Above 1786 or MA 50D then Open The Way To Test 1828.41 & 1875.50.
Its Strong Resistance at 1922.58 (61.8% Fibonacci).
Its Strongest Resistance at 2075.
But, While Below 1786, Potential To Retest 1721.70 & 1676.00.
Its Strongest Support at 1676.
While Above 1676.00, Bullish Medium Term, Buy On Weakness.
For a while, XAUUSD is rejected by 1786 around its MA 50 Daily.
If Break & Hold Above 1786 or MA 50D then Open The Way To Test 1828.41 & 1875.50.
Its Strong Resistance at 1922.58 (61.8% Fibonacci).
Its Strongest Resistance at 2075.
But, While Below 1786, Potential To Retest 1721.70 & 1676.00.
Its Strongest Support at 1676.
While Above 1676.00, Bullish Medium Term, Buy On Weakness.
