XAU Gold
The last wave of gold trading was pretty spot on: 4400-4580, we nailed a perfect 180-point gain!
I've been hammering home the importance of keeping an eye on the 4400 support level for a while now, and when we hit it, I was right on the money alerting everyone about the 4580 resistance!
The movement played out exactly as expected, hitting resistance and then pulling back, which perfectly formed a high point where it got blocked, now we're testing the bottom again!
Next, the short-term support is around 4250, so keep your eyes peeled for price action here; if we break below that effectively, we might be looking at a test of the 3400-3600 range!
The last wave of gold trading was pretty spot on: 4400-4580, we nailed a perfect 180-point gain!
I've been hammering home the importance of keeping an eye on the 4400 support level for a while now, and when we hit it, I was right on the money alerting everyone about the 4580 resistance!
The movement played out exactly as expected, hitting resistance and then pulling back, which perfectly formed a high point where it got blocked, now we're testing the bottom again!
Next, the short-term support is around 4250, so keep your eyes peeled for price action here; if we break below that effectively, we might be looking at a test of the 3400-3600 range!