👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on XAU/USD (Gold) with you.
Based on the current market structure, Gold has broken below its key level at 2735.960, indicating potential further downside movement. However, before the decline continues, I anticipate a pullback upward to the 2747.420 level. From this area, I will look for selling opportunities targeting the zones between 2707.905 and 2703.135.
📉 Expectation:
A pullback to 2747.420 followed by a potential sell-off towards 2707.905–2703.135.
💡 Key Levels to Watch:
Resistance: 2747.420
Support: 2735.960 (broken), 2707.905–2703.135
💬 What’s your view on the XAU/USD (Gold) this week? Share your thoughts in the comments below!
Trade safe
Hello, everyone! I hope you're all doing well. Let me share my personal view on XAU/USD (Gold) with you.
Based on the current market structure, Gold has broken below its key level at 2735.960, indicating potential further downside movement. However, before the decline continues, I anticipate a pullback upward to the 2747.420 level. From this area, I will look for selling opportunities targeting the zones between 2707.905 and 2703.135.
📉 Expectation:
A pullback to 2747.420 followed by a potential sell-off towards 2707.905–2703.135.
💡 Key Levels to Watch:
Resistance: 2747.420
Support: 2735.960 (broken), 2707.905–2703.135
💬 What’s your view on the XAU/USD (Gold) this week? Share your thoughts in the comments below!
Trade safe
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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.