The price of the Gold against Dollar play an important role in the field of the forex trading, this technical and fundamental analysis proves that the price of the Gold will move up in two ways which are represented on the Chart.
XAUUSD
A. Blue Line XAUUSD
B. Red Line XAUUSD
The Blue line is representing that the Gold price will move up from where the price of the Gold is holding its position and will reach the $2400.00 as the resistance is near $2396. XAUUSD
The Red line represents that the price of the Gold will not directly move up but its looking to take the price of the Gold down near the $2343 support then the the price of the Gold will move up to reach $2400.00. XAUUSD
LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.
A. Blue Line XAUUSD
B. Red Line XAUUSD
The Blue line is representing that the Gold price will move up from where the price of the Gold is holding its position and will reach the $2400.00 as the resistance is near $2396. XAUUSD
The Red line represents that the price of the Gold will not directly move up but its looking to take the price of the Gold down near the $2343 support then the the price of the Gold will move up to reach $2400.00. XAUUSD
LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.
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