Gold Spot / U.S. Dollar
Long
Updated

XAUUSD Analysis - Nov 16

229
snapshot

Gold is currently trading within the range of 1955-1975, exhibiting overall volatile upward movement. Effective support is formed near 1955, and today's focus is on identifying two suitable entry positions.

Gold Support: 1955-1950-1945

Gold Resistance: 1975-1980

Initiate trades when gold reaches the specified resistance and support levels. I can tailor a trading plan that best suits you, ensuring stable returns.
Trade active
Anticipating gold to retest support near 1955 today, presenting a favorable trading opportunity.
Trade active
gold sell@1975-1980 sl:1985 tp:1965-1960

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.