Helle Guys Here Is My First Analysis On XAU/USD Keep Me Update In And Follow Me For More Instrutions Share Your thoughs In Comments Section
Gold is currently trading near the upper boundary of an ascending channel, approaching a key resistance zone after forming an all-time high. A potential pullback is expected from this level, with price likely to test the channel support around $2,914 - $2,900. As Per Our Target If the support holds, a bullish continuation may occur; otherwise, a breakdown could push gold toward the lower support zone around $2,840.
We should watch for price action near the channel support for potential buying opportunities. A break above the resistance could signal further upside momentum.
Key Levels:
Resistance: $2,970
Support: And Target $2,910 - $2,900
Lower Support: $2,840
Trade with proper risk management, as gold remains volatile with macroeconomic influences.
Guys Here Is My First Analysis On XAU/USD Keep Me Update In And Follow Me For More Instrutions Share Your thoughs In Comments Section Thanks
Gold is currently trading near the upper boundary of an ascending channel, approaching a key resistance zone after forming an all-time high. A potential pullback is expected from this level, with price likely to test the channel support around $2,914 - $2,900. As Per Our Target If the support holds, a bullish continuation may occur; otherwise, a breakdown could push gold toward the lower support zone around $2,840.
We should watch for price action near the channel support for potential buying opportunities. A break above the resistance could signal further upside momentum.
Key Levels:
Resistance: $2,970
Support: And Target $2,910 - $2,900
Lower Support: $2,840
Trade with proper risk management, as gold remains volatile with macroeconomic influences.
Guys Here Is My First Analysis On XAU/USD Keep Me Update In And Follow Me For More Instrutions Share Your thoughs In Comments Section Thanks
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Telegram Contact
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t.me/+Jd5ZLmsvF-FkZjg0
Telegram Contact
t.me/GoldUkExpert
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.