XAUUSD short-term analysis
https://www.tradingview.com/chart/pLX3WFYY/?symbol=EIGHTCAP%3AXAUUSD
XAUUSD short-term analysis:
- XAUUSD (Gold Spot / U.S. Dollar) recently hit an all-time high and has retraced slightly.
- The price is currently testing the critical support level** and the 50-period moving average (MA50).
-Bearish Scenario (🔽): If XAUUSD breaks below the 2465 support falls under the trend line, and breaches the nearest fractal, it could decline further to 2452
- Bullish Scenario (🔼) Alternatively, if the price rebounds from the current support level, we might see a move back up to 2482
XAUUSD short-term analysis:
- XAUUSD (Gold Spot / U.S. Dollar) recently hit an all-time high and has retraced slightly.
- The price is currently testing the critical support level** and the 50-period moving average (MA50).
-Bearish Scenario (🔽): If XAUUSD breaks below the 2465 support falls under the trend line, and breaches the nearest fractal, it could decline further to 2452
- Bullish Scenario (🔼) Alternatively, if the price rebounds from the current support level, we might see a move back up to 2482
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.
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.