GOLD ( SENSITIVE AREA ) ( 4H )

23 Jul

XAUUSD

HELLO TRADERS

• Tendency , the price in the sensitive area between 2,420$ & 2,392$ .
  
  
• TURNING LEVEL (1) : the price of this level at 2,420$ , so if the price breaking this level reach a resistance level (1) .
  
  
• TURNING LEVEL (2) : the price of this level at 2,392$ , so if the price breaking this level reach a support level (1) .
  
  
• RESISTANCE LEVEL (1) : this level around 2,442$ , for reach this resistance level the price need breaking a turning level (1) .
  
  
• RESISTANCE LEVEL (2) : around 2,475$ , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
  
  
• SUPPORT LEVEL (1) : this level around 2,365$$ , for reach this support level the price need breaking a turning level (2) .
  
  
• SUPPORT LEVEL (2) : support level at 2,337$ , for reach this level will be breaking by open 4h candle below support level (1) .
  
  
• CORRECTIVE LEVEL : if the price corrective turning level (1) it is mean the price trying to reach a support level (1) , so if the price corrective a turning level (2) refers trying to reach a resistance level (1).
  

TARGET LEVEL :

• RESISTANCE LEVEL : 2,442$ , 2,475$ ,
  
• SUPPORT LEVEL : 2,365$ , 2,337$ .