Hi guys, this is my overview for XAUSD, feel free to check it and write your feedback in comments👊
Inside of wedge price reached $1960 level and then started to decline.
After this Gold left wedge and a few time traded inside a small rising channel.
Next, price touched resistance line and fell to $1810 level, thereby breaking support level.
Also later Gold bounced up and broke this line, made retest, and continue to move up to $1855
Then price made correction to support level and bounced up again to $1900 level, thereby breaking previous level.
Now price trades close to $1900 level and maybe soon Gold can make correction and start rising to $1945
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Inside of wedge price reached $1960 level and then started to decline.
After this Gold left wedge and a few time traded inside a small rising channel.
Next, price touched resistance line and fell to $1810 level, thereby breaking support level.
Also later Gold bounced up and broke this line, made retest, and continue to move up to $1855
Then price made correction to support level and bounced up again to $1900 level, thereby breaking previous level.
Now price trades close to $1900 level and maybe soon Gold can make correction and start rising to $1945
If this post is useful to you, you can support me with like/boost and advice in comments❤️