Xuausd
Gold under the resistance. XAUUSDHello my friends, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. The price reached first target 1784 and the second 1805. For now under resistance but I think it has the potential to break and go to the next target 1830.
Good luck.
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XAUUSD (GOLD) BREAKS HIGHS !!!XAUUSD (GOLD) hows now broken a key-level 18.25 and touches 18.30, looking recent patterns we can see when gold breaks highs it tends to consolidate, so now seems the time be patience and allow XAUUSD(GOLD) to go east for 1-3 days. We could see gold retest 18-18.15 if it doesn't want to become bearish and remain bullish we could see it test 18.5 .
InvestMate|GOLD Time to make a profit🥇🥇GOLD time to make a profit
🥇Post is a continuation of my post on gold in which I announced a correction:
🥇This time it is time for an update and in my opinion we will continue the decline.
🥇I set the support zone by the 0.382 level of the whole upward wave.
🥇I determined the resistance zone based on past price reactions.
🥇There are 2 scenarios that can play out in this case.
🥇1. Continuation of the decline to the support zone
🥇2. Waiting for a retest of the resistance zone and joining the declines to the support zone at this point
🥇*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
GOLD - 5 Sep 2022Considering that September is often the month of weakening of gold and according to the published statistics from NFP on Friday and the upward movement of gold on Monday, gold started its work with a fall, and is waiting for Mr. Powell's meeting on September 8 and the decision Federal Reserve Banks
GOLD - 28 Aug 2022 Gold during the last week due to the decrease in bond yields and the speeches of the Jackson Hole economic meeting regarding the increase of interest rates by 0.5 to 0.75 percent.
Also, after the publication of GDP statistics, which is lower than the published announcement, which shows a percentage of stagnation
Support: 1712-1730
Resistance: 1773
Continious down trend on Gold Leaving every thing same GOLD still looks forward down to 1680 as it formed reverse cup and handle pattern. As i'm new to TV and novice in chart pattern and analysis as i do mostly Price action only. I would really appreiciate all the comments and feedbacks
: Not a financial advice to anyone to use it as a trade advice/.