I saw gold struggling to rise or break above 4170 so far.
So does that mean everything you said is right?
Of course not. What I’m trying to get across is that identifying specific levels through technical analysis is very important, even if they don’t always turn out to be right. At the very least, they help and give you a relatively clear path.
And gold doesn’t necessarily have to stay like this today, but identifying specific levels for a particular move is important, such as:
The break below 4200 that turned #gold upside down
The support at 4060, which it didn’t break
That’s it—stay tuned for what’s coming 🤑
$XAU #gold.
So does that mean everything you said is right?
Of course not. What I’m trying to get across is that identifying specific levels through technical analysis is very important, even if they don’t always turn out to be right. At the very least, they help and give you a relatively clear path.
And gold doesn’t necessarily have to stay like this today, but identifying specific levels for a particular move is important, such as:
The break below 4200 that turned #gold upside down
The support at 4060, which it didn’t break
That’s it—stay tuned for what’s coming 🤑
$XAU #gold.