GOLD (XAUUSD): Key Levels to Watch🥇
Hey traders,
After a sharp bearish move, Gold is consolidating.
Here are key levels for you to watch:
Support 1: 1780 - 1792 area
Support 2: 1752 - 1758 area
Resistance 1 is based on a confluence between a major rising trend line and 1850 - 1862 supply area.
Resistance 2: 1907 - 1920 area
Once one of the underlined key levels is reached, wait for a confirmation before you open a trade.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.