Helle Guys Here Is My First Analysis On XAU/USD Keep Me Update In And Follow Me For More Instrutions Share Your thoughs In Comments Section
Gold is currently trading near the upper boundary of an ascending channel, approaching a key resistance zone after forming an all-time high. A potential pullback is expected from this level, with price likely to test the channel support around $2,914 - $2,900. As Per Our Target If the support holds, a bullish continuation may occur; otherwise, a breakdown could push gold toward the lower support zone around $2,840.
We should watch for price action near the channel support for potential buying opportunities. A break above the resistance could signal further upside momentum.
Key Levels:
Resistance: $2,970
Support: And Target $2,910 - $2,900
Lower Support: $2,840
Trade with proper risk management, as gold remains volatile with macroeconomic influences.
Guys Here Is My First Analysis On XAU/USD Keep Me Update In And Follow Me For More Instrutions Share Your thoughs In Comments Section Thanks
Gold is currently trading near the upper boundary of an ascending channel, approaching a key resistance zone after forming an all-time high. A potential pullback is expected from this level, with price likely to test the channel support around $2,914 - $2,900. As Per Our Target If the support holds, a bullish continuation may occur; otherwise, a breakdown could push gold toward the lower support zone around $2,840.
We should watch for price action near the channel support for potential buying opportunities. A break above the resistance could signal further upside momentum.
Key Levels:
Resistance: $2,970
Support: And Target $2,910 - $2,900
Lower Support: $2,840
Trade with proper risk management, as gold remains volatile with macroeconomic influences.
Guys Here Is My First Analysis On XAU/USD Keep Me Update In And Follow Me For More Instrutions Share Your thoughs In Comments Section Thanks
Trade active
We Can place Sell Trade from 2944/45 Keep Big Hold For big Bearish Momentum Trade closed manually
Trade Closed At 2930 150+ Pips In Profit Wait For My New Analysis Guy's Thanks Trade SafeNote
From Entry Point Our target Achieved succfully 550+ Pips In profit Follow New setup As I share That Now Thanks 
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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.