Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price started to decline from resistance line, breaking $2690 level, and fell to $2535 points, breaking $2605 level too.
Then price turned around and started to grow inside wedge, where it broke resistance line and soon reached $2605 level.
Price broke this level and rose to resistance line of wedge, after which made a correction to support level.
Next, price some time traded and then fell to support line of wedge, after which made upward impulse.
Gold rose to resistance line of wedge, breaking $2690 level, but recently it turned around and fell to support line.
Now, I think that Gold can fall little below support line of wedge and then bounce up to $2690 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price started to decline from resistance line, breaking $2690 level, and fell to $2535 points, breaking $2605 level too.
Then price turned around and started to grow inside wedge, where it broke resistance line and soon reached $2605 level.
Price broke this level and rose to resistance line of wedge, after which made a correction to support level.
Next, price some time traded and then fell to support line of wedge, after which made upward impulse.
Gold rose to resistance line of wedge, breaking $2690 level, but recently it turned around and fell to support line.
Now, I think that Gold can fall little below support line of wedge and then bounce up to $2690 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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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.