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XAUUSD GOLD RESISTANCE AND SUPPORT READ CAPTIONGold is currently holding above the support levels 3640 – 3655. As long as these zones are respected, the market may attempt a bullish move toward the resistance 3695. A successful breakout above this resistance can open the way toward the supply zone 3710. On the other hand, if support breaks, market may show further downside pressure Support zone: 3655_3640 Resistance zone: 3695 Supply 3710 will gold respect support or break lower? For more chart updates, you can follow my TradingView profile.
TVC:GOLDLong
by haleh120
EURJPY: Trend ContinuationNot many confluences here, but there's one key observation on the daily timeframe and another key observation on the H1 timeframe. Daily Timeframe: Price crossed the HTL two days ago, and failed to close below it yesterday The current session's bullish bar signals that momentum is likely to continues upward H1 Timeframe: The DTL isn't really at play anymore, not fully marking a clean momentum break However, price crossing above the EMA20 and exiting the EMA20-60 band signals intraday momentum is accelerating as well
Long
by FinancialGamblR
1
Gold corrects ahead of rate cut (bullish) Gold is rebounding from trend resistance ahead of the new week. The market was not ready to buy at high prices ahead of a possible Fed interest rate cut. Under pressure from sellers, the price of gold is falling to retest trend support. The price attraction zone is support at 3657-3646. Below this area, there is an accumulation of trader positions that may be liquidated before the price begins to rise. As for the Fed, rates are likely to be cut, but it will be necessary to monitor what Powell says about future policy. If he supports 2-3 interest rate cuts, gold may continue its global growth...
FX:XAUUSDLong
by AndeWave
4