Get started
ChrisLaw1

XAUUSD: Long From Overlap Support Zone

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
ChrisLaw1  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Technical Indicators Trend Analysis
1
0
indicator trendanalysis
Price is falling towards the overlap support zone which also aligns with the 50% Fibonacci retracement
I believe a rejection from this level could lead the price to rise towards the resistance level which is also pullback resistance.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.