Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the XAU/USD chart.
Now the price is moving in a downward local trend, looking at the chart we can see how the price is approaching the support level .
I think that this time the price will break through the support level and if the price is fixed below this level, further downward movement can be considered.
Based on the current scenario, I decided to set two goals.
I decided to set the first target at the support level of 1640 and only after the price breaks through the support level , I can consider the next target at the level of 1620.
I expect such a scenario.
This is my opinion, I really hope it will be useful for you.
Be prepared and save your money. Make big profits!
Today I want to talk to you about the XAU/USD chart.
Now the price is moving in a downward local trend, looking at the chart we can see how the price is approaching the support level .
I think that this time the price will break through the support level and if the price is fixed below this level, further downward movement can be considered.
Based on the current scenario, I decided to set two goals.
I decided to set the first target at the support level of 1640 and only after the price breaks through the support level , I can consider the next target at the level of 1620.
I expect such a scenario.
This is my opinion, I really hope it will be useful for you.
Be prepared and save your money. Make big profits!
