XAUUSD
Gold Saw dips on Thursday after announcement of Good US results. thought the intensity of move was unexpected for me. Price visited the 200 Daily SMA at 1785 and at same level supported by the upward facing trendline. I am expecting growth from support .
With breaking of Trendline We have support at 1774 and 1762 drawn in rectangle and Fib levels.
Till new year holidays, activity will be slow and low volumes. I am bullish after the holidays if 1774-1784 level is intact.
Cheers and Happy Christmas and advance Happy new Year!
Gold Saw dips on Thursday after announcement of Good US results. thought the intensity of move was unexpected for me. Price visited the 200 Daily SMA at 1785 and at same level supported by the upward facing trendline. I am expecting growth from support .
With breaking of Trendline We have support at 1774 and 1762 drawn in rectangle and Fib levels.
Till new year holidays, activity will be slow and low volumes. I am bullish after the holidays if 1774-1784 level is intact.
Cheers and Happy Christmas and advance Happy new Year!
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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.