FaridSeghiouer

XAUUSD - GOLD Simple Analyse for June 21st

OANDA:XAUUSD   Or / Dollar Américain
The price has reached a very strong, proven resistance level , and the last week’s trading session has closed with a Hammer figure candle, which signified that there’s an important buyers volume (squeeze), so, as a conclusion there’s a 80% of probability that the price will break that resistance level in order to touch the 1754 level again, if that scenario won’t be happened, there’s a small probability that the price wil go down for touching the 1735 level.

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