FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello Dear Traders,
Wish you a good Day,
on The chart important Levels "Horizontal levels" Based Works as Support/Resistance
Watch for Price action around those levels.
also there are gann grid the green/red trends works as close as Channels in your regular Classic analysis.
Trade around the levels and be as close as possible to take action around it.
Produced by Jinny Gann Ar.
Best Regards
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There is your next Secondary time level ;)
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Just the grid,, Coz chart was too busy..
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Its Just Math And equations That produced this Chart.
Is it Random? ;)
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More Explanations answering comments...
- This chart is 720 candle count from the highest high of 2431.55 and Levels calculated based on Square of 9.
chart Purpose is to Give you Good idea where is the Important levels and possible reversal pivots..
like ATM there is the Red trendline around 2342 >> price touched and reversed immediately ... that's a good point to wait for a bullish candle and another indicators to get the reversal.
then you know when its going up that there will be 2346 then 2358 which is Strong atm.
there is Small cycles within Bigger cycles..
its like stops to use it beside Your regular analysis.
And Keep Checking Chart from time to time You will be Pleased
Your comments always makes me happy...
sorry if i cant deliver the info Great, trying !
Best of Wishes to you all.
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Also Have a good look at this chart!
was Manually Drawn:
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Smaller 2 cycles started from 2277 here:
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Going Great...
Levels and Grid is doing there magic.
found support here..
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Thats how you should Get the point of the chart.....
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Next Important Time Level.. watch for a strong move at exactly that candle..
Good luck
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2406 Should be a strong resistance. if closed 2 candles above it most probably will have a new top.
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As we closed 2 candles above 2406
now we have a higher high with a target @ 2472.31
Published on a new Chart for Further up levels:
Please remember this Date 27 May 2024 Important Day to Watch..
Comment:
Price is Respecting All The Grids....

Time is more important than price. When time is up price will reverse." – W. D.
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