GOLD (XAUUSD): Detailed Technical Outlook 🥇
https://www.tradingview.com/x/dXzaeIlS/
Here is my latest structure analysis for Gold.
Horizontal Structures
Resistance 1: 1925 - 1935 area
Resistance 2: 1942 - 1947 area
Support 1: 1893 - 1907 area
Vertical Structures
Vertical Resistance1: Falling trend line
Vertical Support 1: Falling trend line
The market is currently trading within a falling wedge pattern.
I believe that the market will keep falling within that and reach Support 1.
I will share the update then.
❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis for Gold.
Horizontal Structures
Resistance 1: 1925 - 1935 area
Resistance 2: 1942 - 1947 area
Support 1: 1893 - 1907 area
Vertical Structures
Vertical Resistance1: Falling trend line
Vertical Support 1: Falling trend line
The market is currently trading within a falling wedge pattern.
I believe that the market will keep falling within that and reach Support 1.
I will share the update then.
❤️Please, support my work with like, thank you!❤️
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