GOLD (XAUUSD): Key Levels to Watch🥇
Hey traders,
Here are key levels for you to watch on Gold.
Resistance 1:
Falling supply cluster based on a major falling trend line.
Support 1:
1822 - 1832 horizontal demand zone
Support 2:
1780 - 1790 horizontal demand zone
Support 3:
1753 - 1763 horizontal demand zone
I am still bullish and expect a continuation to the closest resistance.
However, as you can see the price is coiling between Support 1 and Resistance 1.
One of them will be broken soon initiating a strong bearish/bullish wave.
Be prepared for a breakout trade.
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Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.