xeshaan

GOLD PRICE ANALYSIS 13 June 2023

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
So last day gold made a vary short candle after it tried to test 1668 resistance level and dropped to 1650 which is a support zone. Today since morning gold is bullish and trying to test again 1668 level. And there is a clear chance that It will break this level today and will go to test 1680-1686. So eyes are up for these levels while ultimately for this week bull run will move towards 2000 level.

I also added the idea about bearish retrancement with doted line but that's probability is so low. So I recommend don't go into short trades wait for support and resistance levels and then enter into long trade. All possible support and resistance levels are at chart. Drop your comment if you have any query. I also shared my last day's tweet. you can check there too.


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