GOLD (XAUUSD): Structure Analysis & Key Levels to Watch🥇
Atualizado
Hey traders,
Here are the key levels to be focused on trading Gold:
- Resistance 1:
1827 - 1837 zone based on July's highs.
For now, it is the closest resistance and the goal for buyers. - Resistance 2:
1908 - 1918 zone is based on summer's high. - Support 1:
Recently broken major trend line.
Being a strong resistance previously, it turned into support now. - Support 2:
1677 summer's low.
Consider these levels/areas for pullback/trend following trading.
Let the price reach them first and then look for confirmation on lower time frames to buy/sell
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Nota
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