Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some time ago price made upward impulse and reached $2670 resistance level, which coincided with resistance zone.
Next, price broke this level, and entered to triangle, where it declined to $2605 support level, breaking $2670 level.
In triangle, price trades tried to back up, but failed and fell below support line, exiting from triangle pattern.
Then Gold in a short time rose to $2726 points, breaking resistance level, after which started to decline inside pennant.
Inside this pattern, price declined to $2583 points, breaking $2670 and $2605 levels, but recently broke $2605 level again.
I think that Gold can decline to support line and then bounce up to $2660, leaving pennant pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price made upward impulse and reached $2670 resistance level, which coincided with resistance zone.
Next, price broke this level, and entered to triangle, where it declined to $2605 support level, breaking $2670 level.
In triangle, price trades tried to back up, but failed and fell below support line, exiting from triangle pattern.
Then Gold in a short time rose to $2726 points, breaking resistance level, after which started to decline inside pennant.
Inside this pattern, price declined to $2583 points, breaking $2670 and $2605 levels, but recently broke $2605 level again.
I think that Gold can decline to support line and then bounce up to $2660, leaving pennant pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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🔶 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
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.
đź’Ž We are provide daily Crypto and Forex (include Gold) signals.
🔶 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
🔶 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
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.