XAUUSD - Weekly trend & Levels
Weekly:
Again the 1780-85 level seems to stick out. Clear, clean trend and technical levels are being respected.
On this chart we have closed below a key level so if we are going down over the next few weeks it needs to be a sharp quick move up and back down.
We’re looking for resistance at 1835 to test the shorts again. We could get a bit of a squeeze on sellers so look for the levels below.
Resistance:
1824-35
1850-53
1896-1900
Support:
1801
1765-75
1725-35
Again the 1780-85 level seems to stick out. Clear, clean trend and technical levels are being respected.
On this chart we have closed below a key level so if we are going down over the next few weeks it needs to be a sharp quick move up and back down.
We’re looking for resistance at 1835 to test the shorts again. We could get a bit of a squeeze on sellers so look for the levels below.
Resistance:
1824-35
1850-53
1896-1900
Support:
1801
1765-75
1725-35
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🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
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