Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
A few moments ago, the price entered a wedge, bounced from the support line, and rose to the resistance area.
Also, price breaking $2845 level and then it turned around and made correction from resistance area to support line.
Then Gold rose to resistance area again, where it some time traded and then dropped to support level.
Thereby price broke $2935 level and exited from a wedge, after which it started to trades inside a triangle.
In this pattern, price made a gap and then rose to resistance line of the triangle, after which made correction.
Now, I think that Gold can exit from a triangle and then start to decline to $2860
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few moments ago, the price entered a wedge, bounced from the support line, and rose to the resistance area.
Also, price breaking $2845 level and then it turned around and made correction from resistance area to support line.
Then Gold rose to resistance area again, where it some time traded and then dropped to support level.
Thereby price broke $2935 level and exited from a wedge, after which it started to trades inside a triangle.
In this pattern, price made a gap and then rose to resistance line of the triangle, after which made correction.
Now, I think that Gold can exit from a triangle and then start to decline to $2860
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.