TODAYS GOLD ANALYSIS
Updated
Hello Everyone Here is My Today's #Xauusd (Gold) Analysis
Today On 30th December
Gold Current Price 2615
My Pivot Point is 2621
Gold is currently consolidating between 2609 to 2620 range until any decisive breakout.
If gold breaks the pivot point (2621) before h4 closing , it is likely to test the Resistance Zone at 2632 to 2638
If H4 closes below (2621) the Gold may decline towards the first Support Levels at 2606 and 2600 .
Breaking the support could push gold into the demand zone at 2590 and 2585
Key levels
Pivot 2621
Resistance 2632 / 2638
Support 2606 / 2600
Demand Zone 2590 / 2585
📈Bullish above 2621 & 2627
📉Bearish below 2621 & 2606
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Today On 30th December
Gold Current Price 2615
My Pivot Point is 2621
Gold is currently consolidating between 2609 to 2620 range until any decisive breakout.
If gold breaks the pivot point (2621) before h4 closing , it is likely to test the Resistance Zone at 2632 to 2638
If H4 closes below (2621) the Gold may decline towards the first Support Levels at 2606 and 2600 .
Breaking the support could push gold into the demand zone at 2590 and 2585
Key levels
Pivot 2621
Resistance 2632 / 2638
Support 2606 / 2600
Demand Zone 2590 / 2585
📈Bullish above 2621 & 2627
📉Bearish below 2621 & 2606
For Further Gold Moment Don't forget to Follow Me .
Please Support With Likes & Comments. thanks 🙏
Trade active
#Xauusd (GOLD) Update ⚠️
Hit first Support 2606 & 2600
As per my analysis gold first Hit pivot point but didn't gave H4 closing above 2621
And Hit first support 2606
We got 70 Pips Buy & 220 pips in sell
Totall Pips : 290 🔥🔥
still has a bearish trend, especially if closed the h1 candle below 2600, then will try to touch 2590 & 2680
However, as long as it trades above 2608 & 2612, it is expected to consolidate within the range of 2612 to 2620 until a breakout occurs.
Timeframe 4h, 1h, 15min
Current price 2601
Trade closed: target reached
#XAUUSD (Gold) Update December 30
Support Hit & Resistance Achieved
As per my earlier analysis Gold first tested the Pivot Point (2621) but failed to close above it on the H4 time frame. It then hit the first support levels at 2606 and 2600, giving us
70 pips in Buy and 220 pips in Sell a total of 290 pips
Market Movement: After testing the support area at 2600, gold surged upward, successfully hitting the Resistance Zone (2638) A massive total gain of 380 pips more from 2600 to 2638
This is a perfect demonstration of how precise analysis and strategy yield exceptional results.
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