GOLD ( UNDER CPI PRESSURE ) ( 4H )

11 thg 7

XAUUSD

HELLO TRADERS

in the last chart as mentioned the price is under bullish reach first target , today still continues to reach a resistance level , beware today have a some huge news

TURNING LEVEL : around 2,368 $ , the price stabilizing this level indicates active resistance level , if the price breaking this level trying to reach a support level

PRICE MOVEMENT :

• ACTIVE RESISTANCE LEVEL : know the price trade above 2,368$ , indicates active this level in my suggest the price it will attempt to reach a turning level after touch a resistance level around 2,394 $ , then above this level have a FVG place trade above this level reach a next resistance around 2,415 $
  
  
• ACTIVE SUPPORT LEVEL : this level become active when the price breaking a turning level at 2,368$ , which is what make it reach a support level at 2,347$ and 2,328$
  

TARGET LEVEL :

• RESISTANCE LEVEL : 2,394 $ , 2,415
  
• SUPPORT LEVEL : 2,347$ , 2,328 $
  

11 thg 7

Ghi chú

Reach full target