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XAUUSD: This Confluence of Resistance May Be Too Much for Gold Bulls

Today I’m going to show you exactly how I’m viewing Gold (XAUUSD) as it retests a confluence of resistance from 2022.

I’ll also share an update on the USD index, the DXY, as continued dollar strength in November may start to weigh on gold.

Watch the video below and scroll down for the annotated charts and analysis.

The post XAUUSD: This Confluence of Resistance May Be Too Much for Gold Bulls appeared first on Daily Price Action.



This post first appeared on Daily Setup Archives | Daily Price Action, please read the originial post: here

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XAUUSD: This Confluence of Resistance May Be Too Much for Gold Bulls

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