{"id":166849,"date":"2020-03-19T10:15:55","date_gmt":"2020-03-19T14:15:55","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=166849"},"modified":"2020-03-19T08:23:45","modified_gmt":"2020-03-19T12:23:45","slug":"xauusd-remains-range-bound","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/03\/xauusd-remains-range-bound\/","title":{"rendered":"XAUUSD Remains Range-Bound"},"content":{"rendered":"<div id=\"inves-3833150781\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 19, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <\/strong><a href=\"https:\/\/www.orbex.com\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Orbex<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.countingpips.com\/wp-content\/uploads\/2020\/03\/XAUUSD-1903-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-166879\" src=\"https:\/\/www.countingpips.com\/wp-content\/uploads\/2020\/03\/XAUUSD-1903-1.png\" alt=\"\" width=\"1331\" height=\"635\" srcset=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/XAUUSD-1903-1.png 1331w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/XAUUSD-1903-1-160x76.png 160w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/XAUUSD-1903-1-1024x489.png 1024w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/XAUUSD-1903-1-150x72.png 150w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/XAUUSD-1903-1-768x366.png 768w\" sizes=\"auto, (max-width: 1331px) 100vw, 1331px\" \/><\/a><\/p>\n<p>Gold prices are showing signs of stabilizing. Price action is caught within the price corridor of 1534 and 1462.<\/p>\n<p>However, given the strong support area, it will take some strong fundamentals to push the precious metal lower.<\/p>\n<p>The longer-term downside target is around the 1440 handle.<\/p>\n<p>For the moment, the evolving price action indicates a possible bottoming in the near term. But this will be valid only on a close above 1534.<\/p>\n<p><strong>By <\/strong><a href=\"https:\/\/www.orbex.com\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Orbex<\/strong><\/a><\/p><div id=\"inves-2091397319\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Orbex Gold prices are showing signs of stabilizing. Price action is caught within the price corridor of 1534 and 1462. However, given the strong support area, it will take some strong fundamentals to push the precious metal lower. The longer-term downside target is around the 1440 handle. For the moment, the evolving price action [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-166849","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=166849"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166849\/revisions"}],"predecessor-version":[{"id":166880,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166849\/revisions\/166880"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=166849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=166849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=166849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}