XAUUSD ( Gold ) Analysis & Moving Zone. (Long, Short)
As we have seen Gold is Bullish from last Friday.
In the Graph, we have Seen a Flag Pattern from the 9th of July we can say that the Breakout of the Graph will be Upward as per Flag Pattern.
Breakout Target: 1820
But we have a Support in Graph Flag Pattern from 1792.50 to 1797 due to this Support Downtrend in Flag pattern Can be 1800 or 1792-1790 then Breakout.
On the Other Hand, EMA50 meets this support to add more strength to it
I suggest a Trading Range between 1790 to 1825 for Today
Press LIKE button if you get it :)
In the Graph, we have Seen a Flag Pattern from the 9th of July we can say that the Breakout of the Graph will be Upward as per Flag Pattern.
Breakout Target: 1820
But we have a Support in Graph Flag Pattern from 1792.50 to 1797 due to this Support Downtrend in Flag pattern Can be 1800 or 1792-1790 then Breakout.
On the Other Hand, EMA50 meets this support to add more strength to it
I suggest a Trading Range between 1790 to 1825 for Today
Press LIKE button if you get it :)