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KnightsofGold
Feb 25, 2021 10:12 AM

XAUUSD - 15M Trend and levels 

GoldOANDA

Description

So this is what we're looking for. For a push further down towards the 1770 level we want the price to go up first and resist at the 1800-1805 price point.

For a move up, we want it to test the low, fail to break it and then go back up, its likely it will break the 1800 level and push up towards 1820-30.

Its already tested a pattern neckline down below, theres one test it needs to do around 1801.

One of these levels will break soon and we're expecting Gold to decide its short-term trend for the next few weeks.

Key Levels:

Support -
1787-85

Resistance -
1796
1801
1810-13
Comments
AmirHossein.J
great , whats happened ? i see that price fall from your zone
KnightsofGold
@Amirhossein.J, We took the buy to 1788 level and closed it based on a H&S on the M3 and M1 chart.
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