VasilyTrader

GOLD (XAUUSD): Detailed Technical Outlook 🥇

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Here is my latest structure analysis for Gold.

Horizontal Structures

Resistance 1: 1925 - 1935 area
Resistance 2: 1942 - 1947 area

Support 1: 1893 - 1907 area

Vertical Structures

Vertical Resistance1: Falling trend line

Vertical Support 1: Falling trend line

The market is currently trading within a falling wedge pattern.
I believe that the market will keep falling within that and reach Support 1.

I will share the update then.

❤️Please, support my work with like, thank you!❤️

âś…Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

đź’°Instagram: www.instagram.com/VasilyTrader/ đź’°

âś…Facebook: www.facebook.com/VasilyTrading/ âś…
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.