Hello Followers here is my prediction on XAUUSD with technical analysis.. So share your opinion in comment section about my prediction..
XAUUSD is working in a parallel channel that is strong bullish trend.. It will be good to go with the trend, According to me XAUUSD will move further high.. Currently XAUUSD is at support area and it's level is 3030/3025, XAUUSD can move further high from this support to the resistance area that is also our 1st Target around 3054, the level of resistance area is 3050/3054..
If XAUUSD break this resistance area then it will be possible that gold can reach to the 3078 that is also a resistance Area because that is parallel channel's upper line resistance area well this is all about the prediction, if you love my prediction then share your opinion in comments...
KEY POINTS:
ENTRY PRICE 3032
RESISTANCE AREA 3050/3054
SUPPORT AREA 3030/3025
TARGETS:
1st Target 3054
2nd Target 3078
XAUUSD is working in a parallel channel that is strong bullish trend.. It will be good to go with the trend, According to me XAUUSD will move further high.. Currently XAUUSD is at support area and it's level is 3030/3025, XAUUSD can move further high from this support to the resistance area that is also our 1st Target around 3054, the level of resistance area is 3050/3054..
If XAUUSD break this resistance area then it will be possible that gold can reach to the 3078 that is also a resistance Area because that is parallel channel's upper line resistance area well this is all about the prediction, if you love my prediction then share your opinion in comments...
KEY POINTS:
ENTRY PRICE 3032
RESISTANCE AREA 3050/3054
SUPPORT AREA 3030/3025
TARGETS:
1st Target 3054
2nd Target 3078
Trade closed manually
XAUUSD has break the support area that i did not expected so lets manually close the setupDisclaimer
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.
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.