Last week, 
XAUUSD fell below the key support level of 2625-2630, briefly testing the area just above the important psychological support at 2600, which also aligns with the ascending trendline.
However, the bulls held strong, and after two failed attempts to push below this level, we saw a sharp reversal on Thursday, marked by a bullish engulfing pattern and a strong close on Friday. This erased the earlier losses from the start of the week.
These are clear bullish signals, suggesting we may see further upside movement and potentially a new all-time high this week.
My strategy is to buy on dips.
XAUUSD fell below the key support level of 2625-2630, briefly testing the area just above the important psychological support at 2600, which also aligns with the ascending trendline. However, the bulls held strong, and after two failed attempts to push below this level, we saw a sharp reversal on Thursday, marked by a bullish engulfing pattern and a strong close on Friday. This erased the earlier losses from the start of the week.
These are clear bullish signals, suggesting we may see further upside movement and potentially a new all-time high this week.
My strategy is to buy on dips.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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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。
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
免責聲明
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。