XAUUSD (GOLD) TECHNICAL ANALYSIS
Gold is following a descending channel!
Resistance Level: $2935 (Entry Level)
Target 1: $2881
Target 2: $2782
Support Level: $2843
Supply Zone: $2956
Trade Setup: If price rejects $2935, expect a move down towards $2881 and $2782 Keep an eye on $2843 as an intraday support!
Risk Management is Key!
#Gold #XAUUSD #Trading #Forex
Gold is following a descending channel!
Resistance Level: $2935 (Entry Level)
Target 1: $2881
Target 2: $2782
Support Level: $2843
Supply Zone: $2956
Trade Setup: If price rejects $2935, expect a move down towards $2881 and $2782 Keep an eye on $2843 as an intraday support!
Risk Management is Key!
#Gold #XAUUSD #Trading #Forex
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Related publications
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.