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XAU/USD price rose today during the Asian session, after price bounced from $1670 area. Can Gold Bulls Climb Higher Towards $1700 This Time? 
Gold Found Support at $1640 - Can Climb Higher?
Apr 09, 2020
MD Rockybul Hasan
Gold price strike higher during the London session after an extended period of volatility. Gold Found Support at $1640 - Can Climb Higher?
GBPUSD continues to decline and may reach at 1.1960 area soon. GBPUSD is quite impulsive and non-volatile with the current Bearish trend.
Gold were held by the 200 EMA dynamic support near $1500 area. Gold bounced from $1450 key support area but Bears are still on the markets.
Gold jumped higher from $1500 area, the Bulls may take over the market again. XAU Bullish trend retraced deeper towards the Fibo 78.6 level.
Oil sustains above $27.50 area may recover higher soon. After a weekly close near $32.50 area, Oil maintains the price above $27.50 on Monday.
EURUSD Bearish gap covered on Tuesday but the Market is still indecisive. The price rejected 1.1500 area recently with a strong Bearish engulfing bar.
GBPUSD retraces lower and may find support at 1.2970 area.  After an impulsive Bullish momentum, GBPUSD found resistance at 1.32 and pushed lower.
USDCAD faces resistance at 1.3450 and trying to push higher. Currently, USDCAD trading at 1.3420 may continue higher towards 1.3450 again
Gold Bulls extends gains and may continue higher towards $1700 area. Gold is becoming corrective and volatile after rejected from $1650 area