Gold Levels For 12 August-14 AugustImportant support and Resistance Levels For Gold.
When Market touches the level, the price action plays important roles.
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XAUUSD ANALYSIS, GOLD DATA, GOLD NFP WEEKSince last 48 days gold is trending under a closed range of 2063-2010 -$50 range which
covers whole month data , geopolitical tensions and FOMC Interest rate decisions.
XAUUSD showing no much interest since long , previous high was taken on 4th Dec 2148
and in same month on 13th Dec 2023 took previous low of 1973 post which a major movement is missing.
this week again NFP data and FOMC will be released. I am expecting movement in range 2000-1950||
2070-2100-2150.
Support and resistance levels will be changed according to the technical analysis which will be shared on Friday this week.
Gold Mini Important Support and Resistance Level For 11-Oct-2023The Marked area's are major support and resistance level for Banknifty Intraday, also called PAM Areas.
When price come to these area we can expect either reversal or breakout from the given area's.
So planning a good trade will occur only in the marked areas, when price is in middle, we have to wait for the price comes to the marked PAM Areas
GOLD FUTURES - View and Levels for 29 Nov 2022GOLD FUTURES Intraday levels for Tomorrow..
Gold Bearish and Negative Sentiment = BEARISH Trend
At Buyers zone we can look for BUY entry and SELL entry at Sellers area.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
