XAUUSD GOLD – Bullish Outlook & Resistance Levels
Gold (XAUUSD) has broken above the key resistance zone around 3350–3355, indicating a bullish continuation. Earlier, price tested the support level at 3328, which held firmly and prompted a rebound—suggesting strong buying interest at lower levels.
From an Elliott Wave perspective, the current wave structure suggests that Gold may have completed a corrective wave and is now starting a new impulsive wave to the upside.
Key Levels to Watch:
Resistance: 3380/ 3410
Support zone 3340 / 3330
Look the chart pattern and like our analysis and share your minds.
Gold (XAUUSD) has broken above the key resistance zone around 3350–3355, indicating a bullish continuation. Earlier, price tested the support level at 3328, which held firmly and prompted a rebound—suggesting strong buying interest at lower levels.
From an Elliott Wave perspective, the current wave structure suggests that Gold may have completed a corrective wave and is now starting a new impulsive wave to the upside.
Key Levels to Watch:
Resistance: 3380/ 3410
Support zone 3340 / 3330
Look the chart pattern and like our analysis and share your minds.
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Join My Telegram Channel
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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.