Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis..
XAUUSD is now running at all time high, There is a resistance area also 2870/2878 it is possible that gold can fall from here to the first target around 2845 and if gold break this then will reach to the second target around 2815, 2815 is a major support area also. If gold break the resistance area then there are chances to reach the 2900 and then will fall from there to the identified targets in the chart..
KEY POINTS:
CURRENT PRICE 2869
RESISTANCE AREA 2870/2878
2ND SELLING AREA 2900
TARGETS:
FIRST TARGET 2845
SECOND TARGET 2815