Allmypips

Hold Bullish Movement towards 1770$ Until Trend line not Break.

Allmypips 업데이트됨   
FX:XAUUSD   골드 스팟 / 미국 달러
Gold is trading near the opening level of the day, that is, 1727.00. If the price goes above the level of 1730.00, gold is likely to extend the upward movement to 1737.00 or maybe to 1770.00. Otherwise, if the price is below the 1722.00 level, it is likely to fall to 1715.00 or even to 1700.00.

The pair is trading near the daily pivot point of 1730.00 and near the trend line. The indicators are heading up. I am anticipating the upward movement. However, a breakout at 1730.00 is likely to occur. Otherwise, I expect a pullback.

🛑SUPPORT/RESISTANCE
✅S1= 1700
✅S2=1715
✴️R1=1740
✴️R2=1767
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