Gold Spot / U.S. Dollar
Short
Updated

XAUUSD ( UNDER SWING 2,337 $ )

333
XAUUSD

HELLO TRADERS

in the last chart , as mentioned the price under bearish pressure , dropping + 180 pip
it is continues a dropping to 2,302 $

  • Tendency the price is a bearish pressure in 2,327$

  • TURNING LEVEL : the price turning level at 2,327$ , price stable below this level it becomes reach a support level , but if breaking this level by open 4h candle above this level reach to 2,343$ active bullish area

  • RESISTANCE LEVEL: if the price braking turning level at 2,327$ , the price will rise to 2,343$ and 2,357 $ , then stable this level reach to 2,372 $

  • SUPPORT LEVEL : the price trade below turning level 2,327$ , it will reach the support level of 2,302 and 2,288 $, stable this level reach to 2,260 $

  • CORRECTIVE LEVEL : price will 2,327$ or swing 2,337$ , correct itself before decline


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Note
as mentioned , trade bellow 2,327$ , reach to support level , dropping + 300 pip , for know stable 2,302, until trade below this level will attempt to reach a 2,288$

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