Gold Ready For Long Buy Again
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in My Analysis of Gold Spot (XAU/USD) The chart Details Are Here
1. Support Around 2,715.216, representing a strong price floor where buyers might step in to prevent further decline.
2. Resistance Zone Around 2,786.778, showing a significant price ceiling where selling pressure could emerge.
3. Current Price: The trading price is 2,739.650 for selling and 2,739.770 for buying, with the market slightly bearish.
4. Projection: Potential bullish breakout from the support area, targeting a price of 2,765 possibly testing the resistance zone.
The chart provides a clear visual for traders aiming to capitalize on price movements within these zones.
in My Analysis of Gold Spot (XAU/USD) The chart Details Are Here
1. Support Around 2,715.216, representing a strong price floor where buyers might step in to prevent further decline.
2. Resistance Zone Around 2,786.778, showing a significant price ceiling where selling pressure could emerge.
3. Current Price: The trading price is 2,739.650 for selling and 2,739.770 for buying, with the market slightly bearish.
4. Projection: Potential bullish breakout from the support area, targeting a price of 2,765 possibly testing the resistance zone.
The chart provides a clear visual for traders aiming to capitalize on price movements within these zones.
Trade active
Trade closed: target reached
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