USD is in retracement mode, considering that XAUUSD is likely to fall till the next Support (previously resistance). We'll wait for some consolidation and look out for divergence to enter our trade. If you like clean analysis like this please follow for more. Happy trading.!
in the previous idea, we said the price will get 1874 because broke the resistance line so this break will make the highest price, so if the price break 1874 will get 1892, try to touch 1850 then will continue to grow -------------- my last idea about XAUUSD yesterday:
today gold will do big moment xauusd sure call for gold lovers xauusd sell zone 1827 to 1832 buystop 1837 tp 1816,1812,1800+
on 4Hours candle 1.stabilize above 1777 will get 1800 2.stabilize under 1777 will be downward targets red line
Gold could be on the brink of another rally as it tops key resistance levels and moves towards $1,800 an ounce, according to analysts. The precious metal is wrapping up its second consecutive week of gains after a positive start to Q2 amid a weaker U.S. dollar and retreating U.S. 10-year Treasury yields. At the time of writing, June Comex gold futures were...
Above 1680 will get 1705 But Stablize under 1680 wil get downward target: red lines
Tendency : Upward Timeframe 1H & 4H Entry: 1730 - 1737 Profit : Blue lines
~Above 1705 is upward= Tp1. 1745 Tp2. 1764 Tp3. 1783
I think the cross of two trend lines from higher lows and trend line of bearish flag will be the point of Reversal, A main DEMAND area, at 1676. and then higher trend line of flag at 1850, and then Gold's lifetime high to 2075. What do you think?
I think that the lines explain my idea properly. Hope to hear from anyone what he or she thinks about :)
XAUUSD Long idea Price Action "4H"
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