Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently, price entered to triangle, where it rebounded from resistance line and dropped to support line.
Also, price broke $3345 with $3210 levels, after which it turned around and rose to $3210 level, broke it.
Then Gold made retest, and then continued to grow to $3345 level, and even rose to resistance line of triangle.
And then started to decline to support line of triangle, after which it turned around and made an impulse up.
Price exited from triangle and broke $3345 level, which coincided with resistance area, and now trades inside.
I think that Gold can correct to support level and then continue to grow to $3420 points.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Recently, price entered to triangle, where it rebounded from resistance line and dropped to support line.
Also, price broke $3345 with $3210 levels, after which it turned around and rose to $3210 level, broke it.
Then Gold made retest, and then continued to grow to $3345 level, and even rose to resistance line of triangle.
And then started to decline to support line of triangle, after which it turned around and made an impulse up.
Price exited from triangle and broke $3345 level, which coincided with resistance area, and now trades inside.
I think that Gold can correct to support level and then continue to grow to $3420 points.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
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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.
🔶 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
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.