GOLD (XAUUSD): Detailed Technical Outlook 🥇

13 באוג׳ 2023

https://www.tradingview.com/x/dXzaeIlS/

Here is my latest structure analysis for Gold.

Horizontal Structures

Resistance 1: 1925 - 1935 area
Resistance 2: 1942 - 1947 area

Support 1: 1893 - 1907 area

Vertical Structures

Vertical Resistance1: Falling trend line

Vertical Support 1: Falling trend line

The market is currently trading within a falling wedge pattern.
I believe that the market will keep falling within that and reach Support 1.

I will share the update then.

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