XAUUSD GOING TO REACH ALL TIME NEW HIGH AROUND 2980..

20 feb

Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis..

XAUUSD is respecting the trendline very well and giving a up trend after touching the trendline support, now XAUUSD is Falling and can respect the support area around 2938/2932. According to me XAUUSD will continue the bullish trend and go for long for all time new high again from this support area.. XAUUSD can move to the first target around 2955 and then to second target around 2980.. First target will work as a resistance area, if Gold break this properly then it will reach to the all Time new high around 2980..I Have identified the LONG POSITION in the chart..

KEY POINTS:
CURRENT PRICE       2935
SUPPORT AREA      2938/2932

TARGETS:
1st TARGET            2955
2nd TARGET           2980
CANCEL TRADE    2917

7 giorni fa

Trade chiuso manualmente

XAUUSD has touched to 2950 successfully that means our first target is almost complete, so our 150 pips have completed now lets close this setup manually..