XAUUSD
XAUUSD 2021 JAN 11 Week
Green/Red zones = preferred entry levels
Friday' magnificently took out previous support level and held at the 3rd support level of 1822 - 1828.
In volume analysis it is always a pleasure to see wide spread bars on high volume.
Here, it looks like accumulation, and we see demand at 1828
If 1844 / support level is tested, and holds, we can see higher prices.
Resistant3 = 2004.485
Resistant2 = 1958 - 1966
Resistant1 = 1885 - 1895
Support1 = 1828 - 1837
Support2 = 1804 - 1813
Support3 = 1764 - 1767
Remember to Like if you find this useful.
XAUUSD 2021 JAN 11 Week
Green/Red zones = preferred entry levels
Friday' magnificently took out previous support level and held at the 3rd support level of 1822 - 1828.
In volume analysis it is always a pleasure to see wide spread bars on high volume.
Here, it looks like accumulation, and we see demand at 1828
If 1844 / support level is tested, and holds, we can see higher prices.
Resistant3 = 2004.485
Resistant2 = 1958 - 1966
Resistant1 = 1885 - 1895
Support1 = 1828 - 1837
Support2 = 1804 - 1813
Support3 = 1764 - 1767
Remember to Like if you find this useful.