XAUUSD WILL FALL 2986.. NEXT MOVE PREDICTION [Must Read Caption]
Hello Followers here is my prediction on XAUUSD with technical analysis.. So share your opinion in comment section about my prediction..
XAUUSD Has created the Head and shoulders pattern already and now it is retesting the 1st resistance area, According to me XAUUSD will fall from this resistance area that's level is 3028/3034, we have two bearish scenarios.. First scenario is XAUUSD will fall from the 1st resistance to and will reach to the 3006 that is a support area also and if it break this support then will reach to 2986 that also works as a support area..
Otherwise there is also a second scenario in XAUUSD break the 1st resistance area then it will reach to the 2nd resistance area that's level is 3048/3054. After reaching this 2nd resistance XAUUSD will fall again and will reach the mentioned targets. Well this is all about the prediction, if you love my prediction then share your opinion in comments...
KEY POINTS:
ENTRY PRICE 3026
1st RESISTANCE 3028/3034
2nd RESISTANCE 3048/3054..
TARGETS:
1st Target 3006
2nd Target 2986
XAUUSD Has created the Head and shoulders pattern already and now it is retesting the 1st resistance area, According to me XAUUSD will fall from this resistance area that's level is 3028/3034, we have two bearish scenarios.. First scenario is XAUUSD will fall from the 1st resistance to and will reach to the 3006 that is a support area also and if it break this support then will reach to 2986 that also works as a support area..
Otherwise there is also a second scenario in XAUUSD break the 1st resistance area then it will reach to the 2nd resistance area that's level is 3048/3054. After reaching this 2nd resistance XAUUSD will fall again and will reach the mentioned targets. Well this is all about the prediction, if you love my prediction then share your opinion in comments...
KEY POINTS:
ENTRY PRICE 3026
1st RESISTANCE 3028/3034
2nd RESISTANCE 3048/3054..
TARGETS:
1st Target 3006
2nd Target 2986
Trade closed: target reached
first target successfully hit gold has touched to 3005 and now lets close this setup...
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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.