GOLD - Price can rise a little and then fall to support area

6 hari lalu

Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊

Some days ago price grew in a rising channel, where it broke $2975 level and then rose to $3160 level, but next it corrected.

Price exited from channel and entered to triangle, where it made a strong impulse up.

Gold broke $3160 and $3345 levels, reached resistance line, and then made a correction movement, also making a first gap.

Next, price some time traded below $3345 level, and later it at the last time rose to resistance line and then drop.

After this, Gold made a second gap and then exited from triangle, after which it bounced from support level and started to grow.

Possibly, price can bounce from support line of triangle and then fall to $3125 support area.

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5 hari lalu

Dagangan aktif

Ok, price started to decline, for this case, I expect that Gold continue to decline to support area.

4 hari lalu

Dagangan ditutup secara manual

Price continued to grow.