Product: XAU/USD (Our super star)
Prediction: Decrease
Date: 29 April 2024
Technical Analysis:
On the 1-hour chart, it seems like the price of gold is trading within an upward channel. Therefore, XAU/USD will aim to profit when the price falls to around the supporting point $2320 or even lower to $2305. On the other hand, gold will aim for the price to rebound towards resistance point $2350, or even higher to $2363.
It's my pleasure to share everyday prediction based on technical analysis.
Let me know which product you want to know more!
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.