Gold long-term trend is still bullish. based on ICHIMOKU the Xauusd is in supposed correction. daily support level (3228) was touched. the price is near important support level (3188).
For next weeks:
Support levels:
3188
3166
Resistance levels:
3351
3381
After that waiting for Ichimoku to give us the exact road map.
For next weeks:
Support levels:
3188
3166
Resistance levels:
3351
3381
After that waiting for Ichimoku to give us the exact road map.
Trade closed: target reached
as you see XAUUSD continues its long term bullish trend, it couldn't touch 3188 but starts this big move from mentioned daily support level (3228). and look at that reaction of Xauusd on that valuable levels on the chart :)
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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.