XAUUSD → Expected to retrace to 2802-2794 after hitting 2835.
Hello, Traders!
like gold has made its ATH 2830, which was also a trendline that gold respected, and down now every thinking for retracement, but gold will do a breakout till 2835 like gold did on the previous trendline.
Gold will easily reach 2835 before dropping to the retracement level of 2794, thus I am bullish until 2835, when I will find a decent entry point for selling.
Support: 2802.
Resistance: 2830 Fib. Golden Zone: 2794–2796
Liquidity Zone: 2794
Gold will continue its trend following the retracement, but we need a decent entry point to sell almost from 2835.
like gold has made its ATH 2830, which was also a trendline that gold respected, and down now every thinking for retracement, but gold will do a breakout till 2835 like gold did on the previous trendline.
Gold will easily reach 2835 before dropping to the retracement level of 2794, thus I am bullish until 2835, when I will find a decent entry point for selling.
Support: 2802.
Resistance: 2830 Fib. Golden Zone: 2794–2796
Liquidity Zone: 2794
Gold will continue its trend following the retracement, but we need a decent entry point to sell almost from 2835.
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