JasonSong

XAUUSD:55dollars won with bouning up from the support area

FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD:55dollars won with bouning up from the support area

Now we need to consider the "similarity of the market".
Last thrust to 1586 was followed by a "slow down" pattern, so I'm expecting another similar pattern this time.
I dont suggest buy it now, but to wait for a signal of stabilizing.

It seems there will be two short-term buy opportunity near 1575 and 1565.

Please also refer to my former analysis linked below, hit the "like" button if my analysis is helpful in someway for you.
Thanks for your support and good luck trading!
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.