🌟 SUBHAN ALLAH 🌟
$XAU
*Price:* Around 4063
*1. Trend:*
The market has made a strong recovery from below 4015. It is now shifting from bearish to bullish.
*2. Fibonacci:*
The price broke above and closed above the most important *61.8 level (4063.17)*. This is a strong bullish signal.
*3. Next levels:*
- *Above (Resistance):* 4077 - then 4093
- *Below (Support):* 4054 - then 4031
*4. RSI:*
The *RSI is 51.99*, meaning it is moving above neutral. Momentum is shifting to the buyers.
*Summary:*
If the price holds above 4063, the next target is *4093*. If it falls below 4063, it could return to 4054.
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*⚠️ Disclaimer / Caution:*
This post is for educational and informational purposes only. It is not financial advice.
Trading involves the risk of loss. Before taking any trade, do your own research and make decisions according to your experience and risk tolerance. Be sure to use a stop-loss and risk management. You are responsible for your own profits and losses.
#Gold
#XAU
#GoldAnalysis*
$XAU
*Price:* Around 4063
*1. Trend:*
The market has made a strong recovery from below 4015. It is now shifting from bearish to bullish.
*2. Fibonacci:*
The price broke above and closed above the most important *61.8 level (4063.17)*. This is a strong bullish signal.
*3. Next levels:*
- *Above (Resistance):* 4077 - then 4093
- *Below (Support):* 4054 - then 4031
*4. RSI:*
The *RSI is 51.99*, meaning it is moving above neutral. Momentum is shifting to the buyers.
*Summary:*
If the price holds above 4063, the next target is *4093*. If it falls below 4063, it could return to 4054.
---
*⚠️ Disclaimer / Caution:*
This post is for educational and informational purposes only. It is not financial advice.
Trading involves the risk of loss. Before taking any trade, do your own research and make decisions according to your experience and risk tolerance. Be sure to use a stop-loss and risk management. You are responsible for your own profits and losses.
#Gold
#XAU
#GoldAnalysis*
