Xauusd30m
Gold Rally Slows, Pullback Imminent
Since yesterday, gold has been fluctuating within the 2615-2635 range, with the bullish momentum clearly slowing down. In my view, it is likely to decline to 2606 by Friday at the latest.
Why 2606? This level serves as a key support in the ongoing upward trend. A healthy trend relies on robust technical support levels, which is the foundation of my prediction.
Continue to sell, and patiently wait for the price to drop, allowing the profits to materialize.
XAUUSD:Latest trading signals
Hi guys, my family and I traveled for two weeks for my father's birthday. I hope everything is going well for everyone in these two weeks!
Gold successfully reached our target of 2280 on Friday. This time the profit is very good. At present, from the perspective of the pattern and indicators, there is a need for a rebound, so you can start to go long at a low level in Monday's trading.
During the trading process, focus on the resistance of the 2313-2327 range, followed by 2342-2352. This range is a strong resistance area. If the price touches this range, you can participate in shorts appropriately.
Consider the support around 2328. If it does not fall below, you can trade long again, and then continue to observe the 2342-2352 range. If it breaks through, then above 2358, there will be short opportunities again.
I will continue to update the specific trading information during the trading session. Please keep an eye on it. If you have any questions, leave me a message in time!
Have a good weekend!
XAUUSD Long IdeaHello there all,
Here's the XAUUSD analysis outlook for long idea.
Please do let me know if you are seeing what I'm seeing or have a different perspective on it, I would love to see your analysis.
Please do drop the chart link below on comment section, I would love to see it
This is not financial advice. 🙂
Thanks all.