people often talk about keeping it simple. Look at this and you will agree that it can't get simpler. Here is a breakdown of the XAU/USD Gold chart into key support-resistance or demand-supply zones. You can still trade these zones, at your discretion of course. In my private consultancy, I forecasted these zones way earlier. These zones are still valid in the current market situation. The topmost and the bottom-most zones are still to be tested. This shows the power of support and resistance levels. The ease and confidence this kind of analysis brings to your trading is unmatched to any other kind of complex chart patterns, channels, trendlines and the list goes on.. Please FOLLOW SHARE & LIKE my work if find anything of value.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.