GOLD ( UNDER CPI PRESSURE ) ( 4H )
Updated
XAUUSD
HELLO TRADERS
in the last chart as mentioned the price is under bullish reach first target , today still continues to reach a resistance level , beware today have a some huge news
TURNING LEVEL : around 2,368 $ , the price stabilizing this level indicates active resistance level , if the price breaking this level trying to reach a support level
PRICE MOVEMENT :
TARGET LEVEL :
HELLO TRADERS
in the last chart as mentioned the price is under bullish reach first target , today still continues to reach a resistance level , beware today have a some huge news
TURNING LEVEL : around 2,368 $ , the price stabilizing this level indicates active resistance level , if the price breaking this level trying to reach a support level
PRICE MOVEMENT :
- ACTIVE RESISTANCE LEVEL : know the price trade above 2,368$ , indicates active this level in my suggest the price it will attempt to reach a turning level after touch a resistance level around 2,394 $ , then above this level have a FVG place trade above this level reach a next resistance around 2,415 $
- ACTIVE SUPPORT LEVEL : this level become active when the price breaking a turning level at 2,368$ , which is what make it reach a support level at 2,347$ and 2,328$
TARGET LEVEL :
- RESISTANCE LEVEL : 2,394 $ , 2,415
- SUPPORT LEVEL : 2,347$ , 2,328 $
Note
Reach full target
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