TradingView
linofx1
Jun 16, 2023 1:09 PM

XAUUSD: BULLISH OUTLOOK!!! 

GOLD (US$/OZ)TVC

Description

↪️ XAUUSD is approaching a horizontal resistance level after building on goodish recovery overnight from the 1925-1924 area, or a nearly three-month low and attracts some follow-through buying for the second successive day on Friday. At present, the price is displaying strong resistance following the Federal Reserve's indication of the potential for two additional interest rate hikes this year. This has heightened experts' confidence in the pair. The downtrend is still dominant today, Hard resistances at 1,962 - 1,965 - 1,970. In these areas, you can watch Shorting opportunity...Trade safe...👍✅
Comments
Setupsfx_
Amazing work
JoeChampion
Such a strong zone to consider!
Tolberti
I like your style!
VincePrince
On-Point approach on the technicals. Thank you.
FirstNameHelen
Beautiful idea friend. Thank you!
vf_investment
Great buy call
KABHI_FOREX_TRADING
Good analysis mate
LegionQ8
Very goood analysis, thanks for sharing!
WalterMoon
Clear GOLD post, thank you for your insights
ArmanShabanTrading
Awesome trade!
More