Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis..
XAUUSD is working on a PIVOT area from this level it is possible that XAUUSD can move for long now. The level of pivot area is 2893/285..According to me and according to the structure of XAUUSD it is possible that it will go further long (bullish). XAUUSD can reach to the 1st target around 2920 that is a resistance area also and then can reach to the 2nd target 2950 that is also a major resistance area .. I Have Applied Long Position also in the chart...
KEY POINTS:
ENTRY PRICE 2895
PIVOT AREA 2893/2885
TARGETS:
1st TARGET 2920
2nd TARGET 2950
CANCEL TRADE 2863
XAUUSD is working on a PIVOT area from this level it is possible that XAUUSD can move for long now. The level of pivot area is 2893/285..According to me and according to the structure of XAUUSD it is possible that it will go further long (bullish). XAUUSD can reach to the 1st target around 2920 that is a resistance area also and then can reach to the 2nd target 2950 that is also a major resistance area .. I Have Applied Long Position also in the chart...
KEY POINTS:
ENTRY PRICE 2895
PIVOT AREA 2893/2885
TARGETS:
1st TARGET 2920
2nd TARGET 2950
CANCEL TRADE 2863
Trade active
XAUUSD is flying guys as i said now gold has reached to 2922 successfully. our first target has completed..Note
XAUUSD is still in our range.. Trade closed: target reached
XAUUSD has successfully reached the target, gold has reached to 3000.. our target has completed...
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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.