XAUUSD short-term analysis
https://www.tradingview.com/chart/pLX3WFYY/?symbol=EIGHTCAP%3AXAUUSD
XAUUSD short-term analysis:
- XAUUSD (Gold Spot / U.S. Dollar) recently hit an all-time high and has retraced slightly.
- The price is currently testing the critical support level** and the 50-period moving average (MA50).
-Bearish Scenario (🔽): If XAUUSD breaks below the 2465 support falls under the trend line, and breaches the nearest fractal, it could decline further to 2452
- Bullish Scenario (🔼) Alternatively, if the price rebounds from the current support level, we might see a move back up to 2482
XAUUSD short-term analysis:
- XAUUSD (Gold Spot / U.S. Dollar) recently hit an all-time high and has retraced slightly.
- The price is currently testing the critical support level** and the 50-period moving average (MA50).
-Bearish Scenario (🔽): If XAUUSD breaks below the 2465 support falls under the trend line, and breaches the nearest fractal, it could decline further to 2452
- Bullish Scenario (🔼) Alternatively, if the price rebounds from the current support level, we might see a move back up to 2482
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