XAUUSD ANALYSIS (READ CAPTION)

anteontem

Hello traders
Hope everyone is okay here's my idea on XAUUSD, what you think on it? share your thoughts on it in comment section with your knowledge.

XAUUSD is facing a major resistance zone guys, according to me it can go for short from this resistance area because it is a parallel channel's upper line also but if gold break the resistance then it will reach to all time new high till 2800 it can fall till the mentioned targets in the chart.

Key Points

Current price 2774.00
Resistance zone 2775/2782
Support zone 2755
Demand zone 2735/2730
Reversal Target 2800

Feel free to boost my charts and don't forget to follow support and share my idea with your friends

há 1 hora

Trade ativo

Hey Traders I have told you that if XAUUSD give rejection from the resistance then it will fall to the support 2755/, Now checkout the gold guys it has reached 2755 ,now if gold break the this support and retest it then it is possible that it will reach to demand zone around 2735/2730.
if gold start making bull candles then it can reach near 2770 easily,...