GOLD ( UNDER EFFECT NEWS ) ( 4H )
Updated
XAUUSD
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency the price breakout resistance trendline , indicates the price is under bullish at 2,337 $
- RESISTANCE LEVEL: there is a blue line around 2,365$ , indicates selling have already increase this level .
- SUPPORT LEVEL : there is a red line around 2,337$ , indicates buying have already increase this level .
- PRICE MOVEMNET : the price between support level and resistance level , in my opinion after the price breakout the resistance trendline price stabilizing bullish , so the price retest a support level at 2,337$ , after rising to resistance level at 2,365$ , then stabilizing this level reach 2,386$ .
if the price breaking support level by open 4h candle below 2,337 $ easily to reach 2,320 $ .
TARGET LEVEL :
- RESISTANCE LEVEL : 2,365$ , 2,386 $
- SUPPORT LEVEL : 2,337$ , 2,320 $
Trade active
reach first target +210 pip , still a rising as long as trade above 2,357 rising 2,375 then 2,386
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