Get started
SalimFX20

XAUUSD Technical Analysis 9th February 2024 1h chart

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
SalimFX20  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Beyond Technical Analysis XAUUSD Gold DJ FXCM Index dollar USD fx signals breakdownanalysis marketanalystsalim
7
0
beyondta xauusd gold usdollar dollar usd fx signals breakdownanalysis marketanalystsalim
– Thursday Daily candle is 2nd Daily candle closing Doji Bearish for this week, leaving 140 pip rejection wick to the downside as price retrace back into recent 4h Consolidation Zone. I’ll be looking for potential Buys above 2039.000 targeting 4h Rejection formed on Wednesday during New York Stock Exchange session (2044.800) and 1h previous Support formed on Friday last week (Pre NFP) at 2051.400 . I’ll be looking for potential Sells below 2029.300 targeting recent Daily Support at (2025.000) and 4h Support formed on Thursday during the New York session at (2020.300). Sells targets are much smaller than buys simply because of how price rejecting the downside on the Daily timeframe.
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.