Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price entered to rising channel, where it rose to $2715 level and broke it, after which made retest.
Then it rose to resistance line of channel, after which little declined and then continued to grow.
When price rose to $2790 points, it turned around and started to decline, thereby exiting from channel.
Gold continued to fall inside triangle, where it fell until to $2537 points, breaking $2715 and $2605 levels.
Price rose to resistance line, breaking $2605 level, after which made correction and now XAU rising near support line.
Possibly, Gold can bounce up from support line to $2715 resistance level, exiting from triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price entered to rising channel, where it rose to $2715 level and broke it, after which made retest.
Then it rose to resistance line of channel, after which little declined and then continued to grow.
When price rose to $2790 points, it turned around and started to decline, thereby exiting from channel.
Gold continued to fall inside triangle, where it fell until to $2537 points, breaking $2715 and $2605 levels.
Price rose to resistance line, breaking $2605 level, after which made correction and now XAU rising near support line.
Possibly, Gold can bounce up from support line to $2715 resistance level, exiting from triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Okay, Gold rose a little. Maybe it can continue growing to my target, exiting from the triangle. We'll see.
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🔶 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.