Gold Support and Resistance Levels

١٧ فبراير

Gold Support and Resistance levels to look for entries as of now current trend is clear downtrend in past week with dollar index on rise more fall expecting this week,Only above 2035-2040 area sustains it will change character to bullish until then sell on rise applies or buy on support levels to target above minor resistance areas (scalping).

١٧ فبراير

ملاحظة

Posting DXY chart for reference

١٩ فبراير

ملاحظة

2022 at minor resistance

٢٠ فبراير

ملاحظة

٢٠ فبراير

ملاحظة

2022 area failed to hold as resistance might test 2030 area again

٢٢ فبراير

ملاحظة

2030 area now acting as resistance

٢٣ فبراير

ملاحظة

2030 area rejected now trading at 2018

٢٤ فبراير

ملاحظة

Stll bearish below 2050 this 2040 area is important now as DXY is also trying to go past 105 comming days expecting gold will test 2000 levels if sustains below 2040 area.

٢ مارس

ملاحظة

2050 area successfully broke and rallied