XAUUSD action with a potential bullish pattern
XAUUSD action with a potential bullish pattern. If the price drops from the current level of 2799 and reaches the 2790 support zone, it could be setting up for a pullback towards the resistance zone around 2720 and 2735 (the second support). This could indicate a possible reversal if the price holds above the support levels and then pushes back towards resistance or even breaks higher.
What’s your overall outlook on gold in the near-term? Are you expecting
PS Support with like and comments for more insights Thanks.
What’s your overall outlook on gold in the near-term? Are you expecting
PS Support with like and comments for more insights Thanks.
Trade active
Sorry Traders Typing Mistakes
Support Level 2790
Targets 2820 and 2835
Trade closed: target reached
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Related publications
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.