SalimFX20

XAUUSD Technical Analysis 21st February 2024 1h chart

OANDA:XAUUSD   Or / Dollar Américain
– Tuesday Daily candle closed Bullish around 2024.500. I’ll be looking for potential Buys above 2030.500 targeting Daily Resistance around 2036.000 and 1h Resistance around 2042.600. I’ll be looking for potential Sells below 2022.500 targeting 4h Strong Support at 2016.900 and 1h Strong Support around 2011.700. The idea posted on the previous analysis for price to form 4h Resistance is already coming into a play despite the last 4 Daily candles being Bullish as the current Bullish trend on Gold could be Weekly candle forming top wick before breaking the lows to fill the previous Weekly low.

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.