XAUUSD Chart Speaks

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XAUUSD GOLD update | H1 time frame 🙌

This analysis is based on educational purposes

We have been observed the market and its concluded at that point if market try to create a New All time high it would break the higher resistance level at 2955-2956.00 and lead us to 2965-2970 area

Besides there are several attemptation of rejection from lower point at 2930 on the base of Trendline ❗️

We are looking if market used to below at 2941.9 area possible chances to move again at 2930 area and after breaking the trendline next target would be 2918 - 2908.00

Besides if can't then expected move a new all time high at 2965 - 2970.00

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