GOLD (XAUUSD) Structure Analysis & Key Levels 🥇
Updated
https://www.tradingview.com/x/XKxl0Y7K/
Here is my latest structure analysis for Gold.
Horizontal Key Levels
Resistance 1: 2142 - 2150 area
Support 1: 1998 - 2009 area
Support 2: 1963 - 1977 area
Support 3: 1930 - 1938 area
Vertical Key Levels
Rising trend line - daily candle close below that will turn that trend line
into a vertical resistance.
My focus is on a trend line at the moment.
We see a breakout attempt of that.
Daily candle close below will be an important sign of strength of the sellers.
❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis for Gold.
Horizontal Key Levels
Resistance 1: 2142 - 2150 area
Support 1: 1998 - 2009 area
Support 2: 1963 - 1977 area
Support 3: 1930 - 1938 area
Vertical Key Levels
Rising trend line - daily candle close below that will turn that trend line
into a vertical resistance.
My focus is on a trend line at the moment.
We see a breakout attempt of that.
Daily candle close below will be an important sign of strength of the sellers.
❤️Please, support my work with like, thank you!❤️
Note
The market closed below a trend line
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