XAUUSD from 05/09/2022 to 09/09/2022
Gold has a recent resistance at 1725.62 & support at 1681.15. price if breaks out of that resistance, then it could push upto 1745.11 or 1764.42 as a retest on the downtrendline.
However, if price breaks & closes below support at 1681.15 then price might continue to push down in respect to the downtrendline creating new lower low on a higher timeframe.
However, if price breaks & closes below support at 1681.15 then price might continue to push down in respect to the downtrendline creating new lower low on a higher timeframe.
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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.