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Technical Analysis of Gold spot XAUUSD on the Four Hour Timeframe featuring key support zone price action projection and RSI for momentum evaloution Heres a Breakdown of the idea.
Key Support in the Analysis
Support and Resistance Zones
Big Buying Support Around 3322$ this zone has been previous bullish reversal supported by the 200EMA.
Intermediate support level around 3270 and 3290 where price might bounce before attempting a breakout.
Key Resistance level Around
33,50 and 33,65 price must break this zone to move toward higher targets.
Price Action projection
This Analysis show to bbullish potential scenarios
Summary of the Trading idea
Bais Bullish
Entry zones look for long ( Buy) entries either the support level 3270 and 3290 for lower buying zone around 3222
Invalidation a clear breakdown below the 3322 the support could invaldate the bullish bais.
Please Support with Boost And Follow i will be very Thankful to you Guyz
Technical Analysis of Gold spot XAUUSD on the Four Hour Timeframe featuring key support zone price action projection and RSI for momentum evaloution Heres a Breakdown of the idea.
Key Support in the Analysis
Support and Resistance Zones
Big Buying Support Around 3322$ this zone has been previous bullish reversal supported by the 200EMA.
Intermediate support level around 3270 and 3290 where price might bounce before attempting a breakout.
Key Resistance level Around
33,50 and 33,65 price must break this zone to move toward higher targets.
Price Action projection
This Analysis show to bbullish potential scenarios
Summary of the Trading idea
Bais Bullish
Entry zones look for long ( Buy) entries either the support level 3270 and 3290 for lower buying zone around 3222
Invalidation a clear breakdown below the 3322 the support could invaldate the bullish bais.
Please Support with Boost And Follow i will be very Thankful to you Guyz
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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.
Join my telegram channel
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t.me/+hRsF7h9mMBE2NWJk
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.