Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in commentsđź‘Š
Some time ago price traded inside a flat pattern, where it moved between support and resistance levels.
Then gold made fake breakout to the downside, but soon returned back and started to grow strongly.
It broke the upper line of the flat and entered a rising channel, forming a steady bullish movement.
Later price touched $3160 resistance and bounced down, making correction to $3070 support area.
Now gold trades inside rising channel and near $3070 level, showing signs of slowing the decline.
In my opinion, gold can bounce from support and reach $3160 resistance as the next upward target.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price traded inside a flat pattern, where it moved between support and resistance levels.
Then gold made fake breakout to the downside, but soon returned back and started to grow strongly.
It broke the upper line of the flat and entered a rising channel, forming a steady bullish movement.
Later price touched $3160 resistance and bounced down, making correction to $3070 support area.
Now gold trades inside rising channel and near $3070 level, showing signs of slowing the decline.
In my opinion, gold can bounce from support and reach $3160 resistance as the next upward target.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
đź’Ž We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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.
đź’Ž We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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.