Hello fellow traders!
I'm sharing my analysis on the XAUUSD market.
Market Analysis
XAUUSD is experiencing a strong downtrend, moving within a descending channel.
Key Levels to Watch
Resistance Zone: 2819
Support Zone: 2882_2670
Take Profit: 2860_2855
Trading Implications
Based on this analysis, I have a bearish bias and suggest selling opportunities at the upper boundary of the channel.
Current Market Status
Current Price:2797
Disclaimer
This analysis is for educational purposes only and should not be considered as trading advice.
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What's your take on the XAUUSD market? Share your thoughts!
I'm sharing my analysis on the XAUUSD market.
Market Analysis
XAUUSD is experiencing a strong downtrend, moving within a descending channel.
Key Levels to Watch
Resistance Zone: 2819
Support Zone: 2882_2670
Take Profit: 2860_2855
Trading Implications
Based on this analysis, I have a bearish bias and suggest selling opportunities at the upper boundary of the channel.
Current Market Status
Current Price:2797
Disclaimer
This analysis is for educational purposes only and should not be considered as trading advice.
Stay Updated
Support, comment, and follow me for more latest updates on the markets!
What's your take on the XAUUSD market? Share your thoughts!
Trade active
Target reached Market touched 2797 to 2771. We collected 260 points. Follow me for more latest updates. Note
Note Target: 2760_2755 my written mistakeTrade closed: target reached
All target reached 830 pips gained
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.
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.