Hello fam, I have some of my resistances and supports posted on the chart because as per the chart we are not expecting any much higher movements because we don't have any major news because its Monday (11/12/2023). if the market touches 1980 - 1979 then we can expect a bounce back till the major news with its normal moving average. The other...
Hello folks hold your shorts, there's a rejection in progress on a 1D chart I feel like this will go back to its level.
If the level crosses 2040 again then we can expect further bull towards next resistance at 2050+ or if it touches the previous low of 2020 then we can expect bears in house because currently the market is dancing under the levels since the opening of XAUUSD.