XAUUSD price action: moving between 4,170.00 and 5,000.00

General outlook

XAUUSD has been under buying pressure within the last couple of hours.

Now, the support level is located at 4,170.00.

Resistance levels are now located at 5,000.00 and 5,400.00.

Analysts recommend opening a Buy order with a stop loss below the previous low.

The upcoming news will not influence your orders within the mentioned period.

Some traders may close their positions on Friday, which can add more pressure to the market.

We will publish our next post on support and resistance levels at 4:00 a.m. UTC on 30 March. Come back to discover more trading insights.

Share your thoughts in the comments section if it's available for you.#xausdt #USD $XAU

XAUUSDT

Perp

4,519

+0.46%