OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello. In examining the latest status of the ounce price chart in one hour time frame, three resistance ranges that are also shown in the image can be seen. Negative price reaction to these ranges can be an opportunity to enter into a sell trade. This reaction can be followed in 15 minutes or less. Meanwhile, the range from $ 1796 to $ 1801 is less important than the next two ranges.
In the 4-hour period, the range of $ 1764 to $ 1774 was the support range to which we see a positive price reaction.


* The price direction is this way and this is my personal opinion and I do not recommend buying and selling *

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.