GOLD ( SENSITIVE AREA ) ( 4H )
XAUUSD
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency , the price in the sensitive area between 2,420$ & 2,392$ .
- TURNING LEVEL (1) : the price of this level at 2,420$ , so if the price breaking this level reach a resistance level (1) .
- TURNING LEVEL (2) : the price of this level at 2,392$ , so if the price breaking this level reach a support level (1) .
- RESISTANCE LEVEL (1) : this level around 2,442$ , for reach this resistance level the price need breaking a turning level (1) .
- RESISTANCE LEVEL (2) : around 2,475$ , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
- SUPPORT LEVEL (1) : this level around 2,365$$ , for reach this support level the price need breaking a turning level (2) .
- SUPPORT LEVEL (2) : support level at 2,337$ , for reach this level will be breaking by open 4h candle below support level (1) .
- CORRECTIVE LEVEL : if the price corrective turning level (1) it is mean the price trying to reach a support level (1) , so if the price corrective a turning level (2) refers trying to reach a resistance level (1).
TARGET LEVEL :
- RESISTANCE LEVEL : 2,442$ , 2,475$ ,
- SUPPORT LEVEL : 2,365$ , 2,337$ .
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.