Gold Spot / U.S. Dollar
Long
Updated

GOLD (XAUUSD): Key Levels to Watch This Week 🥇

1358
snapshot

Hey traders,

Here is my latest structure analysis for Gold.

Support 1: 1721.0 - 1726.0 area
Support 2: 1677.0 - 1683.0 area

Resistance 1: 1753.0 - 1768.0 area
Resistance 2: 1780.0 - 1808.0 area

As you can see, the market is currently trading on Support 1.
I am waiting for a confirmation to buy to catch a pullback from that.
Alternatively, its bearish breakout will trigger a bearish continuation.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Note
Watch my new video on USDJPY:

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.