XAUUSD Gold is still rising strongly

⭐⭐Strategies and signals for XAUUSD ⭐⭐

✍Strategy for XAUUSD ✍

✍ XAUUSD holds on to modest intraday gains, and the daily chart shows it posted a higher high and a higher low, in line with a bullish extension. Still, the bright metal keeps developing below all its moving averages, with the 20 SMA maintaining its downward slope at around $1,881.75. At the same time, technical indicators have stabilized within negative levels, losing their upward strength after correcting extreme oversold conditions.

✍In the near term, and according to the 4-hour chart, the risk skews to the upside. Technical indicators are picking up after correcting overbought readings but remain below their weekly peaks. At the same time, the 20 SMA keeps gaining upward traction below the current level, reflecting near-term buyers are still strong.

👉Support levels: 1,853.00 1,844.10 1,831.90

👉Resistance levels: 1,867.20 1,879.90 1,891.40

💰 💰Signal for XAUUSD 💰 💰

GOLD PLAN 10/11

🔽SELL watch Price range 1875$ - 1873$ - SL: 1880$

2 price zones to pay attention to to establish BUY signals:

🔼Buy price range 1855$ - 1853$ - SL: 1849$

🔼Buy price range 1838$ - 1840$ - SL 1835$

Note: Full TP, SL to be safe and win the market ‼️

Comment:

Everything is as expected, everything is clearly established

GOLD PLAN 10/12

Asia-Europe gold today:

🔼Buy price range 1860$ - 1862$ - stoploss: 1855$

🔽SELL watch Price range 1882$ - 1884$ - stoploss: 1888$

My Ad Session Plan will be updated later.

Note: Full TP, SL to be safe and win the market ‼️