XAUUSD Swing Trade
Market Overview:
Gold remains in an overall uptrend, currently facing resistance around 3350.
At present, price is pulling back with key support levels at:
3333, aligning with a Fair Value Gap
3310, the midpoint of the base structure
3295, a major Order Block zone
Strategy:
Look for buy opportunities on pullbacks at key support levels.
Wait for reversal candlesticks or clear reversal patterns before entering positions.
Take-Profit Targets:
Initial targets: 3380 and 3400, which align with the Volatile Day High range
Extended target for the week: 3450, the Volatile Week High
Market Overview:
Gold remains in an overall uptrend, currently facing resistance around 3350.
At present, price is pulling back with key support levels at:
3333, aligning with a Fair Value Gap
3310, the midpoint of the base structure
3295, a major Order Block zone
Strategy:
Look for buy opportunities on pullbacks at key support levels.
Wait for reversal candlesticks or clear reversal patterns before entering positions.
Take-Profit Targets:
Initial targets: 3380 and 3400, which align with the Volatile Day High range
Extended target for the week: 3450, the Volatile Week High
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.