Gold Week 38 (18/09/23 to 22/09/23)
Hi Traders,
Let's look back to see how gold did for this week.
Monday
It open at 1923. Reached a Resistance level close to London Session open. Came back to 1923 before US session. A reversal happen after NYSE open pushing price to do a Break of Structure at 1930 resistance.
Tuesday
Price was ranging. Made 2 new Higher High. The previous Resistance Level 1930 became a support.
Wednesday
Gold manage to sneak a peek through the 1930 support but rally
up during London Session open ,continuing its uptrend breaking previous high till FOMC reaching a previous Resistance Key level 1946. FOMC pushes price down till the end day backing to 1930.
Thursday
We open with gold continuing its sellers campaign from 1930 to a previous Demand area 1923 - 1925 at Asian Session. Retrace back up to 1930 resistance right before London Session. Making a break of structure to the downside till it reaches to a previous Key level support 1915 by US Session.
Friday
Price open at 1919 area. Continue its bullish rally till the previous key level 1925 before going sideways till the end of day and end of week.
Thank you for checking this chart out. i hope the key levels that i share will bring benefit to you. Like and follow if you like my chart.
Till next week. Enjoy your weekend
Let's look back to see how gold did for this week.
Monday
It open at 1923. Reached a Resistance level close to London Session open. Came back to 1923 before US session. A reversal happen after NYSE open pushing price to do a Break of Structure at 1930 resistance.
Tuesday
Price was ranging. Made 2 new Higher High. The previous Resistance Level 1930 became a support.
Wednesday
Gold manage to sneak a peek through the 1930 support but rally
up during London Session open ,continuing its uptrend breaking previous high till FOMC reaching a previous Resistance Key level 1946. FOMC pushes price down till the end day backing to 1930.
Thursday
We open with gold continuing its sellers campaign from 1930 to a previous Demand area 1923 - 1925 at Asian Session. Retrace back up to 1930 resistance right before London Session. Making a break of structure to the downside till it reaches to a previous Key level support 1915 by US Session.
Friday
Price open at 1919 area. Continue its bullish rally till the previous key level 1925 before going sideways till the end of day and end of week.
Thank you for checking this chart out. i hope the key levels that i share will bring benefit to you. Like and follow if you like my chart.
Till next week. Enjoy your weekend
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