Gold Spot / U.S. Dollar
Short

XAUUSD - STRONG BEARISH

346
XAUUSD

HELLO TRADERS

Tendency , the price is under strong bearish pressure and trades under resistance of 2425.

TURNING LEVEL: breaking under 2406, will be bearish trend but closing 4H candle above it, the price will move between this level and 2425.

RESISTANCE LEVEL : the last resistance level which the price crossed is 2425, if the price reversed and stabilized above this level, will support the price to touch the 2440.

SUPPORT LEVEL : currently, the price is trading around 2406, any breaking under this support level will touch 2391 and under it 2366.

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