XAUUSD ANALYSIS (READ CAPTION)
Hello traders
Hope everyone is okay here's my idea on XAUUSD, what you think on it? share your thoughts on it in comment section with your knowledge.
XAUUSD is facing a major resistance zone guys, according to me it can go for short from this resistance area because it is a parallel channel's upper line also but if gold break the resistance then it will reach to all time new high till 2800 it can fall till the mentioned targets in the chart.
Key Points
Current price 2774.00
Resistance zone 2775/2782
Support zone 2755
Demand zone 2735/2730
Reversal Target 2800
Feel free to boost my charts and don't forget to follow support and share my idea with your friends
Hope everyone is okay here's my idea on XAUUSD, what you think on it? share your thoughts on it in comment section with your knowledge.
XAUUSD is facing a major resistance zone guys, according to me it can go for short from this resistance area because it is a parallel channel's upper line also but if gold break the resistance then it will reach to all time new high till 2800 it can fall till the mentioned targets in the chart.
Key Points
Current price 2774.00
Resistance zone 2775/2782
Support zone 2755
Demand zone 2735/2730
Reversal Target 2800
Feel free to boost my charts and don't forget to follow support and share my idea with your friends
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