XAUUSD
HELLO TRADERS
TARGET LEVEL
HELLO TRADERS
- Tendency , the price is under bullish pressure until trade above turning level
- TURNING LEVEL : the price of turning level around 2,391$ , indicates the price trade above this level reach a resistance level ( inside supply zone ) , but if breaking this level or breaking FVG reach a support level .
- RESISTANCE LEVEL : around 2,425$ and 2,468$ , if the price trade above turning level reach this levels .
- SUPPORT LEVEL : support level between 2,331$ and 2,299$ and called ( demand zone ) , for reach this level will be breaking and stabilizing below turning level .
- PRICE MOVEMENT : in the previously price rising and created a new historical peak at 2,485$ , but after breaking 2,368$ , gold started a dropping as mentioned , currently price 2,400$ , if the price trading above turning level at 2,391$ , rising to reach a resistance level 2,425$ , then stabilizing this level reach a 2,368$ , if the price stabilizing above 2,368$ maybe it will reach a new historical peaks at 2,500$ , breaking turning level reach a support level at 2,331$ , and by open 1D candle below this level reach a 2,299$ .
TARGET LEVEL
- RESISTANCE LEVEL : 2,325$ , 2,365$ .
- SUPPORT LEVEL ; 2,331$ , 2,299$.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.