XAUUSD
XAUUSD Timeframe 15M:
The analysis suggests the market is currently pulling back in an overall downtrend.
A blue horizontal area marks a resistance zone just below the trendline. This suggests that this level has previously acted as a barrier to upward price movement. I expect the price to test this resistance level before potentially moving lower, continuing the bearish trend. this zone might act as a selling point where I anticipate a continuation of the downtrend.
#GoldTrading #XAUUSD #ForexAnalysis #TechnicalAnalysis #CandlestickChart #GoldSpot #MarketTrends #ForexTrading #Investing #TradingStrategy #PriceAction #SupportAndResistance #Bullish #Bearish #SmartInvesting
The analysis suggests the market is currently pulling back in an overall downtrend.
A blue horizontal area marks a resistance zone just below the trendline. This suggests that this level has previously acted as a barrier to upward price movement. I expect the price to test this resistance level before potentially moving lower, continuing the bearish trend. this zone might act as a selling point where I anticipate a continuation of the downtrend.
#GoldTrading #XAUUSD #ForexAnalysis #TechnicalAnalysis #CandlestickChart #GoldSpot #MarketTrends #ForexTrading #Investing #TradingStrategy #PriceAction #SupportAndResistance #Bullish #Bearish #SmartInvesting
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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.