Get started
Golden-Fund-Forex

ANALYSIS OF XAUUSD ON H1 TIMEFRAME - 6/9/2023

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Golden-Fund-Forex  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Wave Analysis Harmonic Patterns XAUUSD Gold
3
0
trendanalysis waveanalysis harmonicpatterns xauusd gold
- XAUUSD is in a downtrend.
- Currently, XAUUSD is approaching a strong support zone at 1917-1924.
- If the buying side gains control in this area, the price may rise and retest the previous resistance at 1935-1941. We can consider selling at that point.
- We prioritize looking for selling opportunities, waiting for a pullback, and exercising patience.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.