GOLD at Trading Mark
Will XAU break it s resistance ?
The resistance Zone is characterized through the sma200 and the old supporting trendline which turned into resistance.
If xau can trade above this Level @ 1175 the next tp can be 1210$.
If the resistance could not beaten, a new downswing can be exspected. The tp of this downswing could be 1125
The resistance Zone is characterized through the sma200 and the old supporting trendline which turned into resistance.
If xau can trade above this Level @ 1175 the next tp can be 1210$.
If the resistance could not beaten, a new downswing can be exspected. The tp of this downswing could be 1125
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.