Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
A few days ago price bounced from resistance line to support line of wedge, breaking $2005 level, which coincided with support area.
Then price turned around and made strong upward impulse to resistance line, breaking $2005 and $2065 levels.
But then Gold bounced and entered to falling channel, where it exited from wedge, broke $2065 level, and continued to fall.
In channel, price declined to support level, after which it turned around and made upward impulse to $2065 level.
Also, XAU exited from channel and a not long time ago it bounced from resistance level and now trades below.
In my mind, Gold can correct to $2015 points, after which it turns around and starts rise to $2050
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few days ago price bounced from resistance line to support line of wedge, breaking $2005 level, which coincided with support area.
Then price turned around and made strong upward impulse to resistance line, breaking $2005 and $2065 levels.
But then Gold bounced and entered to falling channel, where it exited from wedge, broke $2065 level, and continued to fall.
In channel, price declined to support level, after which it turned around and made upward impulse to $2065 level.
Also, XAU exited from channel and a not long time ago it bounced from resistance level and now trades below.
In my mind, Gold can correct to $2015 points, after which it turns around and starts rise to $2050
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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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.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.