Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in commentsđź‘Š
Recently price declined to support level, which coincided with support area, and at once started to grow.
In a short time, Gold reached $2360 level and even entered to resistance area, but soon bounced down.
Also, price entered to pennant, where it declined from resistance line to support line, after which started to rise.
Price broke $2310 level and later exited from pennant, after which in a short time reached $2360 level again.
A not long time ago Gold broke this level and now trades in resistance area, so, I think it can make little correction.
After this, price will turn around and continue to move up to $2395
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price declined to support level, which coincided with support area, and at once started to grow.
In a short time, Gold reached $2360 level and even entered to resistance area, but soon bounced down.
Also, price entered to pennant, where it declined from resistance line to support line, after which started to rise.
Price broke $2310 level and later exited from pennant, after which in a short time reached $2360 level again.
A not long time ago Gold broke this level and now trades in resistance area, so, I think it can make little correction.
After this, price will turn around and continue to move up to $2395
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
đź’Ž 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
đź’Ž 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.