Get started
SalimFX20

XAUUSD Technical Analysis 21st February 2024 1h chart

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
SalimFX20  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Beyond Technical Analysis XAUUSD Gold DJ FXCM Index dollar USD fx signals breakdownanalysis marketanalystsalim
3
0
beyondta xauusd gold usdollar dollar usd fx signals breakdownanalysis marketanalystsalim
– Tuesday Daily candle closed Bullish around 2024.500. I’ll be looking for potential Buys above 2030.500 targeting Daily Resistance around 2036.000 and 1h Resistance around 2042.600. I’ll be looking for potential Sells below 2022.500 targeting 4h Strong Support at 2016.900 and 1h Strong Support around 2011.700. The idea posted on the previous analysis for price to form 4h Resistance is already coming into a play despite the last 4 Daily candles being Bullish as the current Bullish trend on Gold could be Weekly candle forming top wick before breaking the lows to fill the previous Weekly low.
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.