Gold Spot / U.S. Dollar
Long

XAUUSD Outlook: Bullish Bias

60
Hi Traders

I am a profitable full time trader with 7 Years experience and I would like to share my journey including profits analysis and signal indicators.

Attached is the XAUUSD chart showing current areas of interest above and below current price which can used to trade profitably.

I still have a bullish bias, but will wait patiently for a retracement into one of the support levels. I will assess price action at lower levels before looking for buy trades.

Key support levels
3,335–3,338
3,320–3,324

Key resistance levels
3,352–3,355
3,367–3,371

Price respected last week’s high (3,377) and is pulling back. The moving averages are also proving a confluence to support our bullish outlook.

Also, please take into account news releases throughout the week before placing any trades to avoid market volatility.

We will share updates throughout the week.

Please let me know your bias for gold this week in the comments.

If you found this helpful, please drop a like to support my work.

Thanks,

PrestigeGoldFX

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.