XAUUSD

Ounce gold experienced a sharp decline last week after breaking the EMA10 in the 4-Hour period. However, there is no disruption in the main trend structure in the upper time frames. As long as it remains above roughly $2000, the main direction will be up. We can see the continuation of the upward test around $2030. Support: 2012 – 2003 - Resistance: 2030 -