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XAUUSD The recovery of the D1 candle and the closing candle above 3313 means that the market's downtrend has almost been broken.
The reaction at the current trendline 3284 is still very strong. The price is strongly supported by the buyers, causing gold to return to trading in a wide range.
The 3328 zone will be important in the near future. If it does not break, there will be a decline to the Gap price zone this morning. Trading according to the top-bottom method is suitable for the current market.
Leave your comments on the idea. I am happy to read your views.
XAUUSD The recovery of the D1 candle and the closing candle above 3313 means that the market's downtrend has almost been broken.The reaction at the current trendline 3284 is still very strong. The price is strongly supported by the buyers, causing gold to return to trading in a wide range.
The 3328 zone will be important in the near future. If it does not break, there will be a decline to the Gap price zone this morning. Trading according to the top-bottom method is suitable for the current market.
- Support: 3312-3295-3279
- Resistance: 3328-3339-3349-3363
- Sell trigger: rejection from 3328–3,340 resistance block
- Target: 3295 Support zone, followed by 3279 lower zone
Leave your comments on the idea. I am happy to read your views.
Trade active
Gold failed to break the resistance zone of 3328 and there was a downward correction. This Analysis bring profit for everyone. I'm very happy Trade closed: target reached
The strategy has brought good profit. now the price is approaching the next resistance. i will update the latest trading strategy to you soon
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☘️My Telegram Channel: t.me/VHTraderFX
Join me to get Trading signals, Trading knowledge for investors
Join me to get Trading signals, Trading knowledge for investors
Related publications
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.