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LJby u/lotte_jones·19dAnalysis

XAUUSD - Watching for a clean break around $2350

I've been keeping a close eye on $XAUUSD lately. We've seen a pretty consistent resistance around the $2350 area for the past few sessions. To me, a sustained move above that level, ideally with some volume confirmation, would signal a potential continuation higher, perhaps targeting the $2380-$2400 range. Conversely, if we reject $2350 forcefully and drop back below $2330, my current bullish lean would be invalidated, and I'd start looking at the $2300 support again.

1 comments · -2 points

1 Comments

TAu/takin25395511Thailand·19d

I'm with you on the $2350 level being critical. Are you seeing anything in the daily or weekly candle closes that gives you more conviction one way or another on this potential break, or is it purely an intraday observation?

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