Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
A few days ago price traded inside rising channel and when Gold reached $1860 point, it fell below $1845 level.
Next, price bounced up to $1915 level, thereby breaking $1845 level again and making correction to support line.
Also recently Gold started moving inside wedge near mirror level.
As well price broke this level a few times, but on the third try, it moved up to resistance line.
Now, Gold trades close to support level, and in my mind price can start to fall.
Besides price can break support level, make retest, and continue to move down to $1930 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few days ago price traded inside rising channel and when Gold reached $1860 point, it fell below $1845 level.
Next, price bounced up to $1915 level, thereby breaking $1845 level again and making correction to support line.
Also recently Gold started moving inside wedge near mirror level.
As well price broke this level a few times, but on the third try, it moved up to resistance line.
Now, Gold trades close to support level, and in my mind price can start to fall.
Besides price can break support level, make retest, and continue to move down to $1930 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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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.
🔶 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
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.