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Xau-usd

Could Gold reverse from here?Price is rising towards the pivot which acts as an overlap resistance and could reverse to the 1st support. Pivot: 2,334.91 1st Support: 2,311.24 1st Resistance: 2,354.31 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
XAU/USD (Gold) Bearish ChannelThe XAU/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent formation well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 2321, positioned close to the top level of channel. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2296 2nd Support – 2281 Stop-Loss: To manage risk, place a stop-loss order above 2340. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. 🔊 Support by leaving Likes & Comments. Thank you.
OANDA:XAUUSDShort
by KABHI_TA_TRADING
23
Bullish bounce?The Gold (XAU/USD) is falling towards the pivot and could potentially bounce to the 1st resistance which has been identified as an overlap resistance. Pivot: 2,308.18 1st Support: 2,298.47 1st Resistance: 2,332.97 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSD
by ICmarkets
GOLD Bearish Momentum with Key Levels to WatchTechnical Analysis: Gold The price is poised to reach 2320 today and, if it breaks this level, it will likely continue its bearish trend towards 2311 and 2302. Current Outlook: The price is expected to consolidate between 2320 and 2337 until a breakout occurs. The initial movement is anticipated to target the 2320 level. Bullish Scenario: To initiate an uptrend, the price must break above 2342, potentially moving towards 2357. Stability above 2320 would also support a bullish push, with the price fluctuating between 2320 and 2337. Bearish Scenario: The current downtrend from 2335 and 2337 is expected to target 2320. A 4-hour or 1-hour candle closing below 2320 would confirm a bearish trend, with the price anticipated to trade in the bearish zone between 2302 and 2320. Key Levels: - Pivot Line: 2328 - Resistance Levels: 2337, 2342, 2357 - Support Levels: 2320, 2311, 2302 Today's Expected Range: The price is anticipated to move between the support at 2311 and the resistance at 2342. previous idea:
OANDA:XAUUSDShort
by SroshMayi
Bearish drop?The Gold (XAU/USD) is currently to the pivot and could potentially fall to the pullback support. Pivot: 2,334.49 1st Support: 2,306.73 1st Resistance: 2,354.71 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
Could Gold drop from here?XAU/USD is currently at the pivot which acts as an overlap resistance and could potentially fall to the 1st support which is a pullback support. Pivot: 2,325.19 1st Support: 2,306.73 1st Resistance: 2,338.07 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
GOLD - Price can bounce up from support line to $2380 pointsHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A not long time ago price broke resistance level, which coincided with resistance zone and rose a little higher. But soon, Gold made downward impulse to $2295 support level and started trading in flat. Later price exited from this pattern and entered to upward pennant, where it made strong upward impulse. Gold reached resistance line of pennant, breaking $2375 level, but soon, turned around and in a short time declined back. Price fell to support line of pennant and now continues to trades near this line, and I think XAU can bounce up. Also, I think price can break resistance level and reach $2380 resistance line of pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
6
GOLD / Bullish Momentum with Key Support at 2323Technical Analysis: Gold As noted yesterday, the price pushed up from 2323 and reached our target of 2344. Current Outlook: The trend appears bullish for today, with the price stabilizing above 2323 and 2327. As long as it remains above 2323, it is expected to reach 2354 and 2357. Bullish Scenario: - As long as the price trades above 2323 and 2327, the trend remains bullish towards 2357. A break above 2357 could continue the bullish trend towards 2369. - There is a possibility of a price correction down to 2327 or 2323. Bearish Scenario: - Closing a 4-hour or 1-hour candle below 2323 would indicate a downtrend, with the price moving towards the bearish area around 2303. Key Levels: - Pivot Line: 2327 - Resistance Levels: 2345, 2357, 2369 - Support Levels: 2311, 2302, 2292 Today's Expected Range : - The price is anticipated to move between the support at 2323 and the resistance at 2357. Summary: - Maintaining a position above 2323 supports a bullish outlook, targeting higher resistance levels. - Conversely, breaking below the support line could shift the trend to bearish, aiming for a lower support zone.
OANDA:XAUUSDLong
by SroshMayi
GOLD / Bullish Momentum Aims for Higher TargetsTechnical Analysis: Gold The price has risen from 2323, as mentioned yesterday, and has successfully reached our target of 2357. Current Outlook: The trend remains bullish today, with the price stabilizing above 2357 and 2362. As long as it stays above these levels, it is expected to reach 2377 and 2386. Bullish Scenario: As long as the price trades above 2357 and 2362, it is likely to maintain a bullish trend towards 2377 and 2386. A break above 2386 could extend the bullish trend to 2397. Bearish Scenario: A 4-hour or 1-hour candle closing below 2357 would indicate a downtrend, with the price expected to trade in the bearish zone between 2357 and 2344. Key Levels: - Pivot Line: 2357 - Resistance Levels: 2377, 2386, 2397 - Support Levels: 2344, 2333, 2323 Today's Expected Range: The price is anticipated to move between the support at 2357 and the resistance at 2386, with a bullish tendency. Summary Gold has reached 2357 from 2323. Today’s outlook is bullish if the price stays above 2357 and 2362, targeting 2377 and 2386, potentially reaching 2397. A close below 2357 may turn the trend bearish towards 2344. Expected range: 2357 to 2386 with a bullish bias. previous idea:
OANDA:XAUUSDLong
by SroshMayi
1
GOLD (Reversing to bullish trend)Technical Analysis: Gold The price reversed to a bullish trend after closing 4h candle above 2332, so the next bullish station is 2337 and 2357 Current Outlook: The trend appears bullish for today, as the price has stabilized above 2323. As long as it remains above 2323, it is expected to touch 2338, and above it will get 2357 Bullish Scenario: as long as the price trades above 2323 means has a bullish trend toward 2337 and then should break 2338 to continue the bullish trend till 2357, There is also the possibility of a price correction down to 2323.5 Bearish Scenario: As long as the price trades below 2321, it is likely to drop to 2302. A 4-hour candle close below 2292 would suggest a further downtrend towards 2260. Key Levels: - Pivot Line: 2321 - Resistance Levels: 2337, 2357, 2369 - S upport Levels: 2302, 2292, 2260 Today's Expected Range: The price is anticipated to move between the support at 2223 and the resistance at 2357. In summary, maintaining a position above 2323 supports a bullish outlook, targeting resistance levels. Conversely, breaking under the support line could shift the trend to bearish, aiming for a lower support zone.
OANDA:XAUUSDLong
by SroshMayi
GOLD (It looks bearish trend) while under 2321Technical Analysis: Gold The price will consolidated between the 2321 and 2302 zones. Current Outlook: The trend appears bearish for today, as the price has stabilized below 2321. As long as it remains under 2321, it is expected to touch 2302, and under it will get 2292 Bullish Scenario: For a bullish trend to be activated, the price must break through the resistance zone between 2321 and 2327, targeting 2337 and 2357. Bearish Scenario: As long as the price trades below 2321, it is likely to drop to 2302. A 4-hour candle close below 2292 would suggest a further downtrend towards 2260. Key Levels: - Pivot Line: 2321 - Resistance Levels: 2337, 2357, 2369 - Support Levels: 2302, 2292, 2260 Today's Expected Range: The price is anticipated to move between the support at 2278 and the resistance at 2328. In summary, maintaining a position below 2321 supports a bearish outlook, targeting lower support levels. Conversely, breaking above the resistance zone could shift the trend to bullish, aiming for higher targets.
OANDA:XAUUSDShort
by SroshMayi
Potential bearish drop for gold?Price has rejected off a resistance level which is a pullback resistance and could fall to our take profit. Entry: 2,337.01 Why we like it: There is a pullback resistance. Stop loss: 2,353.31 Why we like it: There is an overlap resistance level which aligns with the 100% Fibonacci projection. Take profit: 2,308.44 Why we like it: There is a pull back support level which is slightly below the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
1
XAUUSD 16/6/24This week on gold, we are looking at the same range we had last week on the 4-hour chart. We expect prices to either move even lower from the last confirmed low within the range or break this range and push into the area of unmitigated supply above. Our preferred move is for the price to drop slightly lower, then run higher into the area of supply, and subsequently sell off, following the higher timeframe bias we have for this pair. A key point to remember is that we might not get a pullback, and the price could actually shift bullish if the last major high is broken. If this is the case, we are looking for a bullish run of the daily highs. For now, we are bearish, and I expect this to sell off further for the time being. Follow price action and trade your rules.
OANDA:XAUUSD
by PipSurfingSociety
Gold's Bearish Trend Below Key ResistanceTechnical Analysis: Gold The price has consolidated between the 2321 and 2302 zones as previously mentioned. Current Outlook: The trend appears bearish for today, as the price has stabilized below 2321. As long as it remains under 2321, it is expected to touch 2302. Bullish Scenario: For a bullish trend to be activated, the price must break through the resistance zone between 2321 and 2327, targeting 2337 and 2357. Bearish Scenario: As long as the price trades below 2321, it is likely to drop to 2302. A 4-hour candle close below 2292 would suggest a further downtrend towards 2260. Key Levels: - Pivot Line: 2321 - Resistance Levels: 2337, 2357, 2369 - Support Levels: 2302, 2292, 2260 Today's Expected Range: The price is anticipated to move between the support at 2260 and the resistance at 2328. In summary, maintaining a position below 2321 supports a bearish outlook, targeting lower support levels. Conversely, breaking above the resistance zone could shift the trend to bullish, aiming for higher targets.
OANDA:XAUUSDShort
by SroshMayi
Falling towards pullback support, could it bounce from here?XAU/USD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 2,292.30 Why we like it: There is a pullback support level. Stop loss: 2,271.43 Why we like it: There is a pullback support level that lines up with the 161.8% Fibonacci extension. Take profit: 2,334.80 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDLong
by VantageMarkets
Gold Market Reacts to Powell's Inflation Warning!!!Technical Analysis: Gold The price of gold recently reached 2341 before declining in response to Federal Reserve Chair Jerome Powell's statement that "inflation is still too high." Based on this, the market is expected to trade within a bearish tactical outlook. Current Outlook: Gold is likely to touch 2302 and then consolidate between 2302 and 2321 until a breakout occurs. Bullish Scenario: As long as the price remains above 2302, it is expected to attempt to reach 2311 and 2321. A break above the 2321-2327 range would indicate a shift to a bullish area, targeting 2337 and 2357. Bearish Scenario: Should the price stabilize below 2302, confirmed by a 1-hour candle close, it is expected to drop to 2292. A subsequent 4-hour candle close below 2292 would confirm a bearish trend, targeting 2278 and 2260. Key Levels: - Pivot Line: 2302 - Resistance Levels: 2321, 2337, 2357 - Support Levels: 2292, 2278, 2260 Today's Expected Range: The price is anticipated to move between the support at 2278 and the resistance at 2328. In summary, maintaining a position above 2302 suggests a potential bullish movement towards higher resistance levels, while trading below 2302 indicates a bearish trend with lower support targets in focus.
OANDA:XAUUSD
by SroshMayi
XAUUSD - Gold 4hrSimple trading - Trend breakout BULLS: No more bearish liquidity on the intraday timeframes. With new higher highs, Gold may have enough momentum to head towards 2330 and remain above the 2340 price. CPI Report came back negative which may allow gold to maintain above the previous support 2310-15. BEARS: Gold has NOT completely rejected the 4-hour HEADS and SHOULDER. This is because gold has broken above the neckline, Yes. But technically this could be the retest we have been waiting for. If the price falls below 2310 and fails to hold above the downtrend bottom channel, expect gold to freefall to the next support area. *These are just my thoughts, not financial advice.
CITYINDEX:XAUUSD
by nikdobii
Gold is currently exhibiting bullish trend activityTechnical Analysis: Gold Gold is currently exhibiting bullish trend activity. The price is stabilizing in the bullish zone and is expected to continue rising towards the bullish targets of 2321 and 2327. A break above 2328 would indicate a continuation of the bullish trend towards 2357, especially in anticipation of the CPI and FED rate decisions tomorrow. Bullish Scenario: As long as the price remains above 2302 and 2292, the bullish trend is expected to continue towards 2321. If it breaks above this level, the next target is 2357. Bearish Scenario: For a bearish trend to develop, the price must break below 2292 on a 4-hour candle close. This would signal a move towards 2278 and potentially 2260. Key Levels: - Pivot Line: 2302 - Resistance Lines: 2320, 2333, 2357 - Support Lines: 2278, 2260, 2248 Today's Expected Range: The price is expected to move between the support level of 2292 and the resistance level of 2328.
OANDA:XAUUSDLong
by SroshMayi
Heading into pullback resistance, could it reverse from here?The Gold (XAU/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the pullback support. Pivot: 2,319.97 1st Support: 2,286.09 1st Resistance: 2,351.54 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
Potential bullish rise?XAU/USD is reacting off a support level which is a pullback support and could rise from this level to our take profit. Entry: 2,285.63 Why we like it: There is a pullback support level. Stop loss: 2,263.13 Why we like it: There is an overlap support level which lines up with the 161.8% Fibonacci extension. Take profit: 2,320.23 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDLong
by VantageMarkets
GOLD (Reversed - NFP Coming...)Technical Analysis The price has successfully followed its bullish trend, reaching our target of 2386. Today, the market is expected to be highly volatile due to the reports on non-farm payroll (NFP) and unemployment rate. Depending on these economic indicators, the price might correct to 2357 before dropping to 2328. It is crucial to monitor the closing of the 4-hour candle for further direction. Bullish Scenario: For the bullish trend to continue, the price must break above 2357 and stabilize. This would pave the way for a move towards 2369 and 2397. Bearish Scenario: The price may correct to 2357. If it remains below this level, it will drop to 2328. A break below 2328 could lead to a further decline towards 2320, a strong support line. Pivot Line: 2357 Resistance Lines: 2369, 2377, 2397 Support Lines: 2335, 2327, 2302 Today's expected price movement range is between the support level of 2302 and the resistance level of 2397. previous idea:
OANDA:XAUUSDShort
by SroshMayi
Gold Hits Two-Week High as Bond Yields Drop US Jobs Data AwaitedTechnical Analysis The price has successfully followed its bullish trend, reaching our target of 2369. Today's market continues to exhibit bullish pressure, having stabilized within the bullish trend. As long as the price trades above 2357, it is expected to rise to 2369 and 2377. However, a break below 2357 could lead to a decline towards 2347 and 2344. Bullish Scenario: If the price trades above 2357, it will likely continue its bullish trend towards 2369 and 2377. Closing at least a 1-hour candle above 2377 will further support a bullish move towards 2388 and 2397. Bearish Scenario: The price needs to break below 2357 and stabilize beneath this level to indicate a downward trend towards 2347 and 2335. Pivot Line: 2357 Resistance Lines: 2369, 2377, 2397 Support Lines: 2347, 2335, 2227 Today's expected price movement range is between the support level of 2347 and the resistance level of 2378. previous idea: Gold Reaches Two-Week High as Bond Yields Decline; US Jobs Data Awaited Gold prices surged to a two-week high on Thursday as U.S. bond yields fell, driven by signs of a cooling labor market. This development strengthens the case for a potential interest rate cut by the Federal Reserve in September. Investors are now positioning themselves ahead of the upcoming U.S. non-farm payrolls data.
OANDA:XAUUSDLong
by SroshMayi
Potential bearish drop?XAU/USD is currently on a resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2,373.25 Why we like it: There is an overlap resistance level which lines up with the 38.2% Fibonacci retracement. Stop loss: 2,396.62 Why we like it: There is a pullback resistance level which lines up with the 61.8% Fibonacci retracement. Take profit: 2,315.82 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets