Gold / XAUUSD, Daily Time Frame
XAUUSDAccording to the chart above, the price of gold has hit two resistance ranges in the daily time frame. It is expected that it will fall from this range and reach the specified goals. If the analysis is correct, the price targets can be $1,690 and if the price continues, it can be $1,630. Also, if the two current resistance ranges break upwards and stabilize in that range, this analysis becomes invalid, which can be considered as a stop loss for this analysis.
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Be Defferent ...
Hamid Rahathhagh
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