Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price entered to pennant, where it bounced from resistance level and rose to resistance line of pennant.
After this, price made downward impulse lower $2375 level, breaking it and then rose to this level again.
Price fell to support line of pennant, after which in a short time rose to almost resistance level, exiting from pennant.
Then price started to trades inside wedge, where it first declined to support line and then bounced up to $2375 level.
Gold made a fake breakout of this level, after which started to decline, and now it trades near support line of wedge.
Possibly, Gold can rise to resistance level and then bounce down to $2320, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price entered to pennant, where it bounced from resistance level and rose to resistance line of pennant.
After this, price made downward impulse lower $2375 level, breaking it and then rose to this level again.
Price fell to support line of pennant, after which in a short time rose to almost resistance level, exiting from pennant.
Then price started to trades inside wedge, where it first declined to support line and then bounced up to $2375 level.
Gold made a fake breakout of this level, after which started to decline, and now it trades near support line of wedge.
Possibly, Gold can rise to resistance level and then bounce down to $2320, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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🔶 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
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。