XAUUSD IS WORKING IN PARALLEL CHANNEL [Read Caption]
Hello Followers I am going to publish technical setup of BTCUSD , So share your opinion in comments about my analysis.
XAUUSD is still in bullish trend cause it has not break the previous low and XAUUSD is still running in a parallel channel in bullish trend. According to me XAUUSD will go for long if it respect the support area around2798/2793, if gold break this support area then it will reach to the pivot area around2776/2771. After reaching the pivot it will again bounce back and will reach to the mentioned targets.. XAUUSD bullish have two targets first target is 2812 and second target is 2830..
KEY POINTS:
CURRENT PRICE 2801
SUPPORT AREA 2798/2793
PIVOT AREA 2776/2771
TARGETS:
FIRST TARGET 2812
SECOND TARGET 2830/ All Time New High
XAUUSD is still in bullish trend cause it has not break the previous low and XAUUSD is still running in a parallel channel in bullish trend. According to me XAUUSD will go for long if it respect the support area around2798/2793, if gold break this support area then it will reach to the pivot area around2776/2771. After reaching the pivot it will again bounce back and will reach to the mentioned targets.. XAUUSD bullish have two targets first target is 2812 and second target is 2830..
KEY POINTS:
CURRENT PRICE 2801
SUPPORT AREA 2798/2793
PIVOT AREA 2776/2771
TARGETS:
FIRST TARGET 2812
SECOND TARGET 2830/ All Time New High
Trade active
XAUUSD has reached to the first target followers, let me tell you that XAUUSD has touched 2815, now lets wait for the second target that is around 2830 and this will be all time new high..Trade closed: target reached
Hey Traders, XAUUSD has successfully reached the target that I have given today,
Today my view was that gold will fly till the 2830 that is a parallel channels resistance level and let me tell you that XAUUSD has reached to 2830..
FREE TELEGRAM
t.me/+K2jx0G0f7HUxMTM0
t.me/+K2jx0G0f7HUxMTM0
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.
FREE TELEGRAM
t.me/+K2jx0G0f7HUxMTM0
t.me/+K2jx0G0f7HUxMTM0
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.