Based on my chart, the two marked resistance zones (target points) for XAU/USD are:
First target: around 3,375 – 3,380 (short-term resistance inside the Ichimoku cloud area).
Second target: around 3,395 – 3,405 (previous swing high and top of the channel).
Since price is trending upward along the ascending trendline and just broke into the Ichimoku cloud, the first target is more conservative, while the second is for a stronger bullish push if momentum continues.
First target: around 3,375 – 3,380 (short-term resistance inside the Ichimoku cloud area).
Second target: around 3,395 – 3,405 (previous swing high and top of the channel).
Since price is trending upward along the ascending trendline and just broke into the Ichimoku cloud, the first target is more conservative, while the second is for a stronger bullish push if momentum continues.
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t.me/forexofdollarsmagnet
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
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Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
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t.me/forexofdollarsmagnet
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
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.