Friday proved to be a challenging day for 
XAUUSD traders, marked by extreme volatility in the market. Following an initial surge to a new all-time high, Gold experienced a drastic drop of 1000 pips, settling near the day's lowest point.
Adding to the uncertainty, tensions in the Middle East escalated...
Despite these events, a careful examination of the chart suggests a strong possibility of another significant downturn, potentially dipping below the 2300 mark.
While the Asian Session saw a brief spike above the 2360 resistance zone at the start of the week, this level has thus far held steady.
Furthermore, a short-term analysis of the 15-minute chart reveals the formation of a symmetrical triangle, typically indicating a continuation pattern.
Considering these factors, while there remains a chance of another spike towards the 2380 zone, my outlook for the upcoming days remains consistent with my analysis from Saturday.
I anticipate a further decline, targeting the 2280 support level.
XAUUSD traders, marked by extreme volatility in the market. Following an initial surge to a new all-time high, Gold experienced a drastic drop of 1000 pips, settling near the day's lowest point. Adding to the uncertainty, tensions in the Middle East escalated...
Despite these events, a careful examination of the chart suggests a strong possibility of another significant downturn, potentially dipping below the 2300 mark.
While the Asian Session saw a brief spike above the 2360 resistance zone at the start of the week, this level has thus far held steady.
Furthermore, a short-term analysis of the 15-minute chart reveals the formation of a symmetrical triangle, typically indicating a continuation pattern.
Considering these factors, while there remains a chance of another spike towards the 2380 zone, my outlook for the upcoming days remains consistent with my analysis from Saturday.
I anticipate a further decline, targeting the 2280 support level.
註釋
After the spike above the level that I've spoken about, XauUsd failed 4 times to reconquer that resistance.Now is trading towards the lows and chances are BIG for a continuation to the downside and at least a test of 2325 important zone support
📈 Forex & XAU/USD Channel:
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
相關出版品
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。