GOLD - Price bounce up from support area to $2530 points
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in commentsđź‘Š
Recently price rising near support line and when it reached $2474 points, it made downward impulse.
Gold broke support line and then $2415 level too, but also price entered to wedge, where it fell firstly to support line.
After this, price bounced and rose to support level, after which made correction to support line and then bounced up again.
Price broke $2415 level and soon reached $2475 level, and then it some time traded near, after which fell below.
Next, price made upward impulse, thereby breaking $2475 level and exiting from wedge, but soon turned around.
Now, I think that Gold can fall to support area, which coincides with support level, and then bounce up to $2530
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price rising near support line and when it reached $2474 points, it made downward impulse.
Gold broke support line and then $2415 level too, but also price entered to wedge, where it fell firstly to support line.
After this, price bounced and rose to support level, after which made correction to support line and then bounced up again.
Price broke $2415 level and soon reached $2475 level, and then it some time traded near, after which fell below.
Next, price made upward impulse, thereby breaking $2475 level and exiting from wedge, but soon turned around.
Now, I think that Gold can fall to support area, which coincides with support level, and then bounce up to $2530
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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