XAUUSD
Hello Traders! đź‘‹
What are your thoughts on GOLD?
Gold, after its recent decline, is approaching a support zone. The downtrend is expected to continue until it reaches this support level. If buyers show a positive reaction at this area, we may see an upward correction, potentially reaching higher resistance levels.
If this correction occurs, it could present a selling opportunity for traders around resistance, as there may be a continuation of the downtrend after the correction.
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on GOLD?
Gold, after its recent decline, is approaching a support zone. The downtrend is expected to continue until it reaches this support level. If buyers show a positive reaction at this area, we may see an upward correction, potentially reaching higher resistance levels.
If this correction occurs, it could present a selling opportunity for traders around resistance, as there may be a continuation of the downtrend after the correction.
Don’t forget to like and share your thoughts in the comments! ❤️
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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.
âś…MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
âś…INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
âś…INSTAGRAM:
instagram.com/marketanalaysis
Related publications
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.