XAUUSD - LEARN TRADE ZONES, SUPPORT RESISTANCE LINES - SETUP
Learn how to analyze and draw a trade setup that gives you clear entry point, check how price action is moving. Learn highlighted points on the idea. We have explained the reasons what is moving gold.
GOLD moved about 10% since the last two weeks in its bullish streak. It's holding its ground in the resistance zone. We have marked four retracement zones on the chart which approved buying entry points for us. 1913 to 1928 can be a good entry point to target a $2000 mark by next week. Remember, every pullback and consolidation range is the best to point to enter your trades.
GOLD moved about 10% since the last two weeks in its bullish streak. It's holding its ground in the resistance zone. We have marked four retracement zones on the chart which approved buying entry points for us. 1913 to 1928 can be a good entry point to target a $2000 mark by next week. Remember, every pullback and consolidation range is the best to point to enter your trades.