GOLD (XAUUSD): Key Levels to Watch This Week🥇

17 באפר׳ 2023

Here is my latest structure analysis for Gold.

Horizontal Structures:
Horizontal Resistance 1: 2049 - 2070 area

Horizontal Support 1: 1980 - 1991 area
Horizontal Support 2: 1934 - 1956 area

Vertical Structures:
Vertical Resistance 1: broken rising trend line

Vertical Support 1: broken falling trend line

Please, note that a Vertical Support 1 and a Horizontal Support 1 compose the expanding demand zone.

Consider these structures for pullback, breakout trading.

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