Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in commentsđź‘Š
Price started to grow inside rising channel, where it soon reached $2690 level, but then made small correction.
After this, Gold broke $2690 level, made retest and then continued to move up inside rising channel.
Later price reached $2835 level, which coincided with support area and soon broke it too, thereby exiting from channel.
Next, Gold started to trades inside a flat, where it at once rose to the top part and some time traded near it.
Then price corrected to support level, after which started to grow and now it trades almost near top part of a flat.
In my mind, Gold can reach the top part of flat and then start to decline to $2835 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Price started to grow inside rising channel, where it soon reached $2690 level, but then made small correction.
After this, Gold broke $2690 level, made retest and then continued to move up inside rising channel.
Later price reached $2835 level, which coincided with support area and soon broke it too, thereby exiting from channel.
Next, Gold started to trades inside a flat, where it at once rose to the top part and some time traded near it.
Then price corrected to support level, after which started to grow and now it trades almost near top part of a flat.
In my mind, Gold can reach the top part of flat and then start to decline to $2835 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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Gold continued to grow. For this case, I expect that it will move little up and then drop.
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đź’Ž 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.