GOLD (XAUUSD): Key Levels to Watch🥇

Updated
snapshot

Gold broke and closed below a strong demand cluster yesterday.

Now the market is approaching a very important zone of confluence:
we see a perfect match between major rising trend line and 1844 - 1854 horizontal demand zone.
Taking into consideration that the market is still trading in a bullish trend,
I will look for a confirmation to buy gold from the underlined zone.

Key resistances to watch:
1871 - 1891 supply cluster
1913 - 1921 supply cluster

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Comment
Check my new idea on USDCAD:
USDCAD: Update & One More Bearish Clue 🇺🇸🇨🇦
Candlestick AnalysisGoldgoldanalysisgoldideagoldlonggoldtradinggoldusdSupply and DemandSupport and ResistanceXAUUSD

âś…Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

đź’°Instagram: instagram.com/VasilyTrader/ đź’°

âś…Facebook: facebook.com/VasilyTrading/ âś…
Also on:

Related publications

Disclaimer