GOLD HAS BROKEN TRENDLINE IN H1 TF, NEXT TARGET 2880 IS POSSIBLE
Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis..
XAUUSD Has break the trendline support properly and have retested it too and let me tell you that it has started Falling again from the resistance area. The level of resistance area is 2923/2928. According to me XAUUSD will go for short from the resistance and will reach to the first target 2900, if Gold break 2900 then will reach for the second target 2880 that is close to the demand zone, the level of demand zone is 2883/2879. I have applied the Short Position also in the chart...
KEY POINTS:
ENTRY PRICE 2917
DEMAND ZONE 2883/2879
RESISTANCE AREA 2923/2928
TARGETS:
1st TARGET 2900
2nd TARGET 2880
CANCEL TRADE 2837
XAUUSD Has break the trendline support properly and have retested it too and let me tell you that it has started Falling again from the resistance area. The level of resistance area is 2923/2928. According to me XAUUSD will go for short from the resistance and will reach to the first target 2900, if Gold break 2900 then will reach for the second target 2880 that is close to the demand zone, the level of demand zone is 2883/2879. I have applied the Short Position also in the chart...
KEY POINTS:
ENTRY PRICE 2917
DEMAND ZONE 2883/2879
RESISTANCE AREA 2923/2928
TARGETS:
1st TARGET 2900
2nd TARGET 2880
CANCEL TRADE 2837
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FREE TELEGRAM
t.me/+K2jx0G0f7HUxMTM0
t.me/+K2jx0G0f7HUxMTM0
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.