XAUUSD Daily Analysis
According to our previous analysis which showed the exact movement of Gold (based on ichimoku), the trend of gold is still upward.
So we have correction on chart and expecting to move from the range of 2761 to the first support area (2698-2688) and then move to higher resistance zones (2783- 2788) and (2814-2819).
Note:
*If the 2761 range (4-hour kijensen) is broken, we expect our expected downward correction from the 2783-2788 range to the the support zones.
*if the support of 2698-2688 is broken, the next support zone is (2640-2629).
*We trade at all these levels with proper mm :)
So we have correction on chart and expecting to move from the range of 2761 to the first support area (2698-2688) and then move to higher resistance zones (2783- 2788) and (2814-2819).
Note:
*If the 2761 range (4-hour kijensen) is broken, we expect our expected downward correction from the 2783-2788 range to the the support zones.
*if the support of 2698-2688 is broken, the next support zone is (2640-2629).
*We trade at all these levels with proper mm :)
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