VasilyTrader

GOLD (XAUUSD): Important Key Levels 🥇

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Gold dropped suddenly today after FOMC.

Here is my latest structure analysis and important key levels to watch.

Vertical Structures

Vertical Support 1: Falling trend line
Vertical Support 2: Falling trend line

Horizontal Structures

Resistance 1: 2426 - 2450 area

Support 1: 2360 - 2376 area
Support 2: 2323 - 2336 area
Support 3: 2303 - 2308 area
Support 4: 2265 - 2285 area

Consider these structures for pullback/breakout trading.

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