Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
A few days ago price traded inside rising channel and when Gold reached $1860 point, it fell below $1845 level.
Next, price bounced up to $1915 level, thereby breaking $1845 level again and making correction to support line.
Also recently Gold started moving inside wedge near mirror level.
As well price broke this level a few times, but on the third try, it moved up to resistance line.
Now, Gold trades close to support level, and in my mind price can start to fall.
Besides price can break support level, make retest, and continue to move down to $1930 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few days ago price traded inside rising channel and when Gold reached $1860 point, it fell below $1845 level.
Next, price bounced up to $1915 level, thereby breaking $1845 level again and making correction to support line.
Also recently Gold started moving inside wedge near mirror level.
As well price broke this level a few times, but on the third try, it moved up to resistance line.
Now, Gold trades close to support level, and in my mind price can start to fall.
Besides price can break support level, make retest, and continue to move down to $1930 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
💎 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
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.
💎 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
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.