Get started
MULTIDIMENSIONALTRADER

XAUUSD

Gold Spot / U.S. Dollar (FX:XAUUSD)  
MULTIDIMENSIONALTRADER Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns
13
2
chartpattern
GOLD is rangebound at the moment. Testing key resistance trendline.

Break above Trendline will open up 1992 challange. In this case take a buy after confirmation.

Break below 1900 Zone will open up 1860 and 1816. Take sells after price retests 1900 and support becomes reistance.

Comment:
Gold price has broken above resistance trend line and now coming back to retest trendline as support.

If the trendline hlods as support around 1945 this will be a good area to take a buy with a tight stoploss at 1935.
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.