For today's analysis on the XAUUSD since we can see that the price located above the level 1203.89 colored in blue which can be considered a balanced point according on the MBFX indicator.
On the other hand the vestro indicator is showing us a bearish saturation as its last signal.
up in this situation targeting the next MBFX level located at the resistance of the price 1214.98 which could be our primary buying target and if it kept going on the same pace then the resistance located at 1221.84 could be considered as our secondary target but in case the price breaks the level 1192.8 then this would be the time to start thinking about selling orders as the price will stop heading up![]()


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