XAUUSD
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency, the price is under upward pressure , until the price trading above support level (1) at 2,367$.
- Upward Zone : until the price trading above support level (1) , indicates further up trading , currently the price trading above turning level at 2,391 , to support reach of a resistance level (1) around 2,420$ , to confirm upward , price need breaking by close 4h candle above 2,420$ to reach resistance level (2) at 2,440$ , may be the price reserve and breaking turning level to reaching a support level (1) at 2,367$ , after starting a upward .
- Downward Zone: should the price reserve and breaking turning level , indicates dropping to support level (1) around 2,367$ , to confirm downward , the price it will be breaking 2,367$ , by closing 4h candle below it to reach support level (2) at 2,337$ .
- Corrective level :Price may make a correction at 2,391$ & 2,367$ , before rising .
TARGET LEVEL :
- RESISTANCE LEVEL : 2,420$, 2,440$ , 2,460$.
- SUPPORT LEVEL : 2,367$ , 2,337$ , 2,303$.
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The market is waiting—you can make money, and you should.
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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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.