XAUUSD ANALYSIS OF THE WEEK
Updated
Last week market has seen major volatile movements and this week the market will be more volatile due to abundant economic events that are about to happen.
last week we have seen fall to major support area of 2322 and again market trying to breach the support and go to area of 2310 and from there a down fall to even 2281.
The major moving averages both smoothed and exponential are in areas of 2344 to 2347 area.
Breach above the area will meet major resistance of 2355 2367 2374 2383 2397.
BULLISH AND BEARISH TARGET :
BULLISH:
2335
2343
2347
2355
2367
2376
2398
BEARISH;
2321
2312
2298
2287
2282
last week we have seen fall to major support area of 2322 and again market trying to breach the support and go to area of 2310 and from there a down fall to even 2281.
The major moving averages both smoothed and exponential are in areas of 2344 to 2347 area.
Breach above the area will meet major resistance of 2355 2367 2374 2383 2397.
BULLISH AND BEARISH TARGET :
BULLISH:
2335
2343
2347
2355
2367
2376
2398
BEARISH;
2321
2312
2298
2287
2282
Note
like share and boost us for more market updatesNote
bearish target of 2321 was hit and fallen till 2315Note
bullish targets of 2335, 2343 2347 hitNote
bullish target of 2355 2367 hitlike share and follow us
Trade closed: target reached
almost every bearish and bullish target hit
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