XAUUSD ( INSIDE TWO TUENING LEVEL ) ( 4H )
Updated
XAUUSD
HELLO TRADERS
currently price between two turning level by breaking each level determine the direction , for know the price trading above turning level (2) at 2,391$ , remain this level it will be attempt to reach a turning level (1) at 2,420$ .
TARGET LEVEL :
HELLO TRADERS
currently price between two turning level by breaking each level determine the direction , for know the price trading above turning level (2) at 2,391$ , remain this level it will be attempt to reach a turning level (1) at 2,420$ .
- Tendency, the price inside two turning level around ( 2,420$ & 2,391$)
- Upward Zone : in order see increase , the price need breaking turning level at 2,420$ , by closing 4h candle above it , easily to reach a resistance level (1) around 2,436$ , remain this level indicates the price trying to inside a resistance zone between 2,459$ and 2,474$ .
- Downward Zone: by breaking turning level (2) around 2,391$ , the price dropping to reach a support level (1) at 2,364$ , to confirm downward , gold need breaking support level (1) by open 4h candle below it to reach a support level (2) at 2,346 .
TARGET LEVEL :
- RESISTANCE LEVEL : 2,436$ , 2,459$ , 2,474$ .
- SUPPORT LEVEL : 2,364$ , 2,346$ .
Trade active
as mentioned until the price remain 2,391$ , reaching 2,420$ .
know reached these target , an breaking stabilizing 2,420$ indicates to reach resistance level (1) .
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