โญYou can see gold analysis in daily time frames(XAUUSD _1D)๐ง
๐ฐDue to the downtrend of the price since 2070 and the presence of the price in the support๐งก line areaโโ If the price can break the black downtrend line and stabilize above it, in Pullbackโ the price to the support๐งก line and the downtrend๐ค line can be bought and there is a possibility of the price climbing to the SUPPLY zone๐บ
But if the price can break the black๐ค uptrend line and stabilize below it, in Pullback the price to the black๐ค uptrend line and the orange๐งก line (supporting the resistance) can be for sale and there is an expectation of a price down to the DEMAND zone๐ป
which direction will the price go to the GREEN๐ side or the REDโค๏ธ sideโโ
I hope the analysis was useful for you๐ค๐น
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