GOLD - Price can break mirror line and fall to support level
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price broke $2585 level and entered to flat, where it continued to grow and reached $2720 level.
After this, price made a correction movement, after which some time traded and then bounced back.
Then Gold turned around and in a short time declined to $2585 level, after which started to move up between mirror line.
Price rose to $2720 level one more time and then broke it, thereby exiting from flat too and then continuing to grow.
But a not long time ago Gold started to decline and at the moment it trades almost near to mirror line.
Possibly, price can rise a little and then fall to $2720 level, breaking mirror line one more time.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price broke $2585 level and entered to flat, where it continued to grow and reached $2720 level.
After this, price made a correction movement, after which some time traded and then bounced back.
Then Gold turned around and in a short time declined to $2585 level, after which started to move up between mirror line.
Price rose to $2720 level one more time and then broke it, thereby exiting from flat too and then continuing to grow.
But a not long time ago Gold started to decline and at the moment it trades almost near to mirror line.
Possibly, price can rise a little and then fall to $2720 level, breaking mirror line one more time.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Great! Price broke the mirror line and now trades close to the support area. For this case, I think that Gold can rise a little higher than the mirror line and then fall to the support level:
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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.
💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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.