Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis..
XAUUSD has made a proper W pattern and it has already broken the resistance also. According to me XAUUSD will continue it's BUY (bullish) trend and will go for long today again . Right now Gold has broken the resistance area that's level is 2940/2934 and now it is possible that gold can retest it and go for the long again and reach to the all time new high again. Gold can reach to the 1st Target around 2960 and then 2nd Target 2980.. I Have clearly applied the LONG POSITION also in it and also shown the W pattern..
KEY POINTS:
CURRENT PRICE 2944
RESISTANCE 2940/2934
TARGETS:
1st TARGET 2960
2nd TARGET 2980
CANCEL TRADE 2928