CFD sur Or (US$/OZ)Short
Gold will move 1000 Pips Up and Down
Weekly Market Analysis: XAUUSD (Daily Chart)
This week's analysis of the XAUUSD pair on the daily chart reveals several key insights. Notably, a parallel channel has formed started from August, housing strong Resistance and Support zones. Historical price action indicates a consistent respect for Resistance Zone 4 and Support Zone 3, with multiple instances of trend reversals occurring at these levels.
Last Week, the price reversed bullish upon touching the support zone between 2600-2605. However, after reaching the resistance zone between 2753-2757, the trend reversed bearish once again today. Currently, the price action demonstrates respect for the support zone ranging from 2680-2685.
Trading Strategy:
Based on these observations, a strategic entry point for sellers would be upon retest of the 2680 level, with a long-term hold. Conversely, buyers may seek opportunities from 2680-2685, targeting a potential rally towards 2780.
This week's analysis of the XAUUSD pair on the daily chart reveals several key insights. Notably, a parallel channel has formed started from August, housing strong Resistance and Support zones. Historical price action indicates a consistent respect for Resistance Zone 4 and Support Zone 3, with multiple instances of trend reversals occurring at these levels.
Last Week, the price reversed bullish upon touching the support zone between 2600-2605. However, after reaching the resistance zone between 2753-2757, the trend reversed bearish once again today. Currently, the price action demonstrates respect for the support zone ranging from 2680-2685.
Trading Strategy:
Based on these observations, a strategic entry point for sellers would be upon retest of the 2680 level, with a long-term hold. Conversely, buyers may seek opportunities from 2680-2685, targeting a potential rally towards 2780.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.