HI GUYS,
I HAVE ATTACHED SOME BASIC ANAYLSIS OF XAU USD WHICH I HAVE ADDED TO MY WATCHLIST WHICH I WILL BE MONITORING.
YOU CAN SEE WE HAD A DOUBLE BOTTOM WHICH HAS CAUSED A PUSH TO THE UP SIDE TOWARDS A RESISTANCE LEVEL GOING BACK TO SEPTEMBER.
KEEP AN EYE OVER THE NEXT FEW DAILY CANDLES FOR A PUSH UP TOWARDS THE RESISTANCE LEVEL FOR A POTENTIAL BOUNCE OR BREAKTHROUGH.
RESISTANCE LEVEL @ 1951.032
IF IT HITS THE LEVEL WAIT FOR THE FOLLOWING DAILY CANDLE TO CONFIRM BULLISH OR BEARISH MOVEMENT.
I HAVE ATTACHED SOME BASIC ANAYLSIS OF XAU USD WHICH I HAVE ADDED TO MY WATCHLIST WHICH I WILL BE MONITORING.
YOU CAN SEE WE HAD A DOUBLE BOTTOM WHICH HAS CAUSED A PUSH TO THE UP SIDE TOWARDS A RESISTANCE LEVEL GOING BACK TO SEPTEMBER.
KEEP AN EYE OVER THE NEXT FEW DAILY CANDLES FOR A PUSH UP TOWARDS THE RESISTANCE LEVEL FOR A POTENTIAL BOUNCE OR BREAKTHROUGH.
RESISTANCE LEVEL @ 1951.032
IF IT HITS THE LEVEL WAIT FOR THE FOLLOWING DAILY CANDLE TO CONFIRM BULLISH OR BEARISH MOVEMENT.