XAUUSD is forming a sideways range of 2758 - 2713. Relatively strong support is forming to confirm the buyer's intentions, and the fundamental background is still favorable for the ATH retest The dollar continues to rise on the back of a less aggressive easing cycle from the Fed, as well as the upcoming US election. In general, this is a negative leverage against gold.
BUT. The decline in the gold price remains limited due to renewed expectations of additional stimulus measures in China, as the largest gold consumer in the world, and the situation in the Middle East, where there is no hint of de-escalation of the situation.
The situation, technically, is simple. Trade inside the range and exclusively from strong levels. A possible retest of the range boundary, post facto, will determine the future prospects.
Resistance levels: 2745, 2758
Support levels: 2728-2724, 2713
Bounces or false breakdowns may be formed against the boundaries, as gold is flat. Another retest of resistance may lead to a breakout and growth towards ATH. It can also happen after the support retest before further growth
Rate, share your opinion and questions, let's discuss what's going on with ★
XAUUSD ;)Regards R. Linda!
거래청산: 타겟 닿음
Target (2758) reached! 
🌹TRADING is a CASINO💔!?
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.