XAUUSD BULLISH SETUP [Read Caption]
Hello Followers I am going to publish my very first technical setup on XAUUSD, So share your opinion in comments about my analysis..
XAUUSD is currently working in a parallel channel, XAUUSD is going for long cause it has already touched the support of parallel channel s lower line and now it is breaking the middle line of parallel channel. According to my analysis XAUUSD will reach to 2800 if it break the resistance 2782. If XAUUSD fall from here then will thee is a pivot area around 2749 if it also break this then will reach the next support around 2730.
KEY POINTS:
CURRENT PRICE 2769.00
RESISTANCE AREA 2782.00
TARGET 2800.00
PIVOT 2749.00
SUPPOER AREA 2730/2725
feel free to support my charts and also share it with your friends if you love my charts..
XAUUSD is currently working in a parallel channel, XAUUSD is going for long cause it has already touched the support of parallel channel s lower line and now it is breaking the middle line of parallel channel. According to my analysis XAUUSD will reach to 2800 if it break the resistance 2782. If XAUUSD fall from here then will thee is a pivot area around 2749 if it also break this then will reach the next support around 2730.
KEY POINTS:
CURRENT PRICE 2769.00
RESISTANCE AREA 2782.00
TARGET 2800.00
PIVOT 2749.00
SUPPOER AREA 2730/2725
feel free to support my charts and also share it with your friends if you love my charts..
Trade closed: target reached
Hey Followers yesterday I said if XAUUSD start fall from the 2769 then it will reach tot the pivot area and if gold break pivot area then it will fall till the support around 2730/2725.
let me tell you guys XAUUSD has touched 2730 already. so our target is completed now.. Kindly support my charts and also share it with your friends if you love my charts..
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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.