Gold Spot / U.S. DollarUpdated XAUUSD ANALYSIS (READ CAPTION)
Hello traders
Hope everyone is okay here's my first idea on XAUUSD, what you think on it? share your thoughts on it in comment section with your knowledge.
XAUUSD is now currently working in a parallel channel from last couple of days and it is respecting parallel channel middle line, upper line and lower line as well. there's is pivot area around 2718 if gold break it then next move of gold also identified in chart, If it respect the pivot area then next move of gold is also identified in the chart.
Key Points
Current price 2720.50
Resistance zone 2732.90
Pivot area 2718.00
Target area 2748.00
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 first idea on XAUUSD, what you think on it? share your thoughts on it in comment section with your knowledge.
XAUUSD is now currently working in a parallel channel from last couple of days and it is respecting parallel channel middle line, upper line and lower line as well. there's is pivot area around 2718 if gold break it then next move of gold also identified in chart, If it respect the pivot area then next move of gold is also identified in the chart.
Key Points
Current price 2720.50
Resistance zone 2732.90
Pivot area 2718.00
Target area 2748.00
Feel free to boost my charts and don't forget to follow support and share my idea with your friends
Trade closed: target reached
Hey traders, yesterday I gave said that if gold respect the pivot area then it will reach to the first resistance and then will break it and move the the target area and let me tell you that gold has reached to 2750. so guys our this target has successfully completed.
Feel free to boost my charts and don't forget to follow support and share my idea with your friends
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