WiseAnalyze

GOLD parallel chanel

WiseAnalyze Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Long time haven't I posted GOLD chart. Meanwhile its moving sideway within strict parallel channel between ~1676 and 1747. Nearest support at ~1700, but should drop to the bottom of that channel as well.

Resistance 1730 - 1738 - 1747 - 1765
Support 1715 - 1705 - 1697 - 1676
Comment:

Gold bounced from middle line and making attempt to break the parallel channel - target for breakout 1796

Resistance 1765 - 1772 - 1796
Support 1747 - 1738 - 1730 - 1715 - 1705
Comment:

Gold is going to test 1770-1780 resistance once again. This time it gained some volume on the dip, so chances increased.

FREE telegram channels:
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.