Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
After price bounced up from resistance zone, it made upward impulse and then started trading inside of rising channel.
Reached $1960, price started to decline and fell to $1860 level, thereby broke $1890 resistance level.
Also recently Gold tried to back up but fell lower to $1825 level which coincide with resistance zone and started trades in wedge.
Then price broke this level with zone, decline to support line and now trades close.
I think Gold can bounce up from this line and start to move up to resistance level.
Next, the price can break it and possibly continue grow to $1835 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After price bounced up from resistance zone, it made upward impulse and then started trading inside of rising channel.
Reached $1960, price started to decline and fell to $1860 level, thereby broke $1890 resistance level.
Also recently Gold tried to back up but fell lower to $1825 level which coincide with resistance zone and started trades in wedge.
Then price broke this level with zone, decline to support line and now trades close.
I think Gold can bounce up from this line and start to move up to resistance level.
Next, the price can break it and possibly continue grow to $1835 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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