XAU/USD price getting close to Current Resistance Level
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Reasons:
- Current Support level 1670 $
- Price trades in Rising Wedge
- Resistance level the same 1700 $
- Gold can continue to grow from Current prices or from Support level
- To open position only after setup which you personally trade
- Always do your own research before opening positions and always put SL
If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
Reasons:
- Current Support level 1670 $
- Price trades in Rising Wedge
- Resistance level the same 1700 $
- Gold can continue to grow from Current prices or from Support level
- To open position only after setup which you personally trade
- Always do your own research before opening positions and always put SL
If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !