XAUUSD TECHNICAL ANALYISIS (READ CAPTION)
Updated
hello traders, share your opinion about this chart in comment section.
current price 2682
after retracement of almost 300 pips market has arrived at its supporting point. from this zone market's next move will be 2707 and 2710. market is still bullish and the reason behind retracement is CPI as buyers are waiting for news to be released.
key point:
supporting point: 2675 and 2667
resisitance 2707 and 2710
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current price 2682
after retracement of almost 300 pips market has arrived at its supporting point. from this zone market's next move will be 2707 and 2710. market is still bullish and the reason behind retracement is CPI as buyers are waiting for news to be released.
key point:
supporting point: 2675 and 2667
resisitance 2707 and 2710
like, comment and support. thanks four supporting me
Trade active
from our current position 2682 market has worked 160 pips in upward direction up to 2698. so technically we achieved 160 pips profit. market is still in its bullish momentum and can further go up to 2610 which is the core resistance zone.
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Trade closed: target reached
demand zone 2710 reached. 280 pips achieved from from position 2682 to 2710.
stay tuned and stay connected for more updates on xauusd.
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