As outlined in yesterday's analysis, as long as the 2015 zone remains intact, the bullish outlook prevails in 
XAUUSD, and we can anticipate a rise above Friday's high.
Indeed, this scenario unfolded, and the price managed to climb to the 2030 zone.
However, following an initial correction during yesterday's trading session, Gold failed to surpass the 2030 mark and began to decline once more.
The structure on the hourly chart suggests the potential for a correction, but any potential drop should be viewed as a favorable opportunity to buy at better prices.
With that said, my stance remains bullish as long as the 2010-2015 zone holds firm.
In my view, declines towards that support range should be seen as buying opportunities.
XAUUSD, and we can anticipate a rise above Friday's high. Indeed, this scenario unfolded, and the price managed to climb to the 2030 zone.
However, following an initial correction during yesterday's trading session, Gold failed to surpass the 2030 mark and began to decline once more.
The structure on the hourly chart suggests the potential for a correction, but any potential drop should be viewed as a favorable opportunity to buy at better prices.
With that said, my stance remains bullish as long as the 2010-2015 zone holds firm.
In my view, declines towards that support range should be seen as buying opportunities.
Not
NY open update:XauUsd is very quiet, however is flirting with recent high which provides resistance now
Not
Later edit:A break above 2030 would potentially expose 2040 important resistance
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.