XAUUSD TECHNICAL ANALYSIS (READ CAPTION)

أول أمس

hello my fellow traders, what do you think about this chart.

current price: 2648

currently gold is working under resistance level and is about to go high. after breaking out bearish parallel channel market is back to its bullish movement and is trying to break the resistance above. after rejecting 2632 buyers are strongly supporting gold and has taken market back to its bullish track. if market continue its current trend then its first target will 2665 then after small retracement its next target will be. 2675.

key points:

demand zones: 2665, 2675
supporting area: 2645, 2636

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