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XAUUSD WEEKLY ANLAYSIS
CFDs on Gold (US$ / OZ)
XAUUSD WEEKLY ANLAYSIS
By mastersinforex05
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Nov 10, 2024
1
Nov 10, 2024
GOLD MARKET UPDATE
Triangle formation
gold is currently trading within a triangle pattern,
indicating a critical juncture. two possible scenarios emerge:
Scenario 1: bullish continuation
. fails to break out upwards confirming triangle resistance
. continues sell trend targeting :
2600-2580
KEY LEVELS:
. Support : 2656-2647
. Resistance : 2732-2752
. Breakdown target : 2600-2580
Share your insights !
comment blow with your gold trading predictions and analysis
Chart Patterns
Technical Indicators
Trend Analysis
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