Xauusd more upside?
As you can see gold formed a double bottom at 1810 creating a high impulse to the outside.
On Friday Gold broke a major resistance level at 1883 levels and closed a daily bullish candle above of the resistance levels so this shows major upside for gold .
Im looking for a bit of a correction to the downside before going further up to test 2000 areas again. Remember Last year The famous situation between Russia and Ukraine ? Same thing happening now in the Middle East so this means fundamentally speaking gold will continue to the upside . However 1940's level and 1950 level is a major resistance( double top on Daily time frame) level where gold can do a small correction from it . So in my opinion gold will do a small correction here.
On Friday Gold broke a major resistance level at 1883 levels and closed a daily bullish candle above of the resistance levels so this shows major upside for gold .
Im looking for a bit of a correction to the downside before going further up to test 2000 areas again. Remember Last year The famous situation between Russia and Ukraine ? Same thing happening now in the Middle East so this means fundamentally speaking gold will continue to the upside . However 1940's level and 1950 level is a major resistance( double top on Daily time frame) level where gold can do a small correction from it . So in my opinion gold will do a small correction here.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.