Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price declined to support line of triangle from support level, which coincided with support area.
Then Gold made strong upward impulse to resistance level, which coincided with resistance area, breaking $1980 level.
But price turned around and soon fall to $1980 level, after which XAU repeated movement up to resistance area.
Gold made fake breakout and in a short time declined to support line, and also tried to grow again, but failed.
A not long time ago, Gold bounced from this line and started to grow, so I think that price can first make correction to $2030 points.
After correction, price will turn around and continue to move up to $2075 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price declined to support line of triangle from support level, which coincided with support area.
Then Gold made strong upward impulse to resistance level, which coincided with resistance area, breaking $1980 level.
But price turned around and soon fall to $1980 level, after which XAU repeated movement up to resistance area.
Gold made fake breakout and in a short time declined to support line, and also tried to grow again, but failed.
A not long time ago, Gold bounced from this line and started to grow, so I think that price can first make correction to $2030 points.
After correction, price will turn around and continue to move up to $2075 level.
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
💎 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
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.