Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in commentsđź‘Š
Some time ago price entered to falling channel, where it at once bounced from support line to resistance line.
After this, price continued to decline in channel, and later it turned around and made upward impulse, exiting from channel.
Also, price rose higher $2360 level, but soon turned around and made strong downward impulse, breaking this level again.
Then price started to grow inside rising channel, where it reached resistance level, after which Gold bounced down.
Gold exited from a rising channel and fell to support level, but a not long time ago it started to grow.
In my mind, price can make a small movement down and then continue to grow to $2360 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price entered to falling channel, where it at once bounced from support line to resistance line.
After this, price continued to decline in channel, and later it turned around and made upward impulse, exiting from channel.
Also, price rose higher $2360 level, but soon turned around and made strong downward impulse, breaking this level again.
Then price started to grow inside rising channel, where it reached resistance level, after which Gold bounced down.
Gold exited from a rising channel and fell to support level, but a not long time ago it started to grow.
In my mind, price can make a small movement down and then continue to grow to $2360 resistance 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
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.