XAUUSD Analyst

XAUUSD




The chart below shows the price movement of gold (XAUUSD) on the 30-minute time frame with support and resistance lines, as well as entry areas (buy and sell), along with stop loss and take profit levels.

SELL

• Sell Entry: 2645
  
• Stop Loss (SL): 2651
  
• Take Profit (TP): 2620
  

BUY

• Buy Entry: 2615
  
• Stop Loss (SL): 2605
  
• Take Profit (TP): 2640
  

Trend Analysis
Main Trend: The price tends to move in a pattern of higher highs and lower lows, but there has been a significant correction after reaching the peak at the highest level.

Current Range: The price is currently moving downward after experiencing rejection around the 2726 level.

Key Support: Around 2613 (last low).

Key Resistance: Around 2670 (last high before the drop).

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