Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price made downward impulse from resistance line of wedge to support area, breaking $2385 and $2300 levels.
After this, price turned around and started to grow to $2368 points, making fake breakout, after which bounced down.
Price fell to support line of wedge, but at once bounced and started to move up, making one more fake breakout.
In a short time later, Gold reached $2385 level, after which made correction to support line and then bounced up.
Gold finally broke $2385 level and reached resistance line of wedge, but little declined from this line.
Now, I think price can decline more and then bounce up to $2450, exiting from wedge pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price made downward impulse from resistance line of wedge to support area, breaking $2385 and $2300 levels.
After this, price turned around and started to grow to $2368 points, making fake breakout, after which bounced down.
Price fell to support line of wedge, but at once bounced and started to move up, making one more fake breakout.
In a short time later, Gold reached $2385 level, after which made correction to support line and then bounced up.
Gold finally broke $2385 level and reached resistance line of wedge, but little declined from this line.
Now, I think price can decline more and then bounce up to $2450, exiting from wedge pattern.
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.