Forecast for XAUUSD 23 August 2022 for Fundamental and Technical Analysis

1)Investors are eagerly waiting for Jay Powells Speech which will change the direction of the market.

2) Us New Home sales are forecasted at 575000

3) Richmond Manufacturing Index is forecasted at 0 and show no improvement or decrease

4) Flash Services PMI has been lower and not meeting expected value

Price Range for fundamental

For support : 1677.84 to 1736.24
For resistance : 1750 to 1761.90

xauusd : Trend is Bearish

Technical Analysis

1) Support area is between 1711.53 to 1717.11

2) Resistance area is between 1755.97 to 1758.41

Seek for Buy opportunity , entry at lower timeframe as 1 min, to enter for Buy confirmation
based on your own technical analysis.

xauusd :Trend is Bullish.

Sources from and

For further information, contact me ,Gurmit at +60142584067,I will guide anyone that would like to register with Weltrade. Can register at the below link. Thank you.

Can join at our telegram group at .

Komen anda

Scroll to Top