1
WAby u/wei_adams·10dAnalysis

XAUUSD at 2300, a bit concerning

Watching XAUUSD consolidate around the 2300 handle with a bit of concern. If we can't reclaim and hold above 2320 fairly soon, I see a clear path down towards 2280-2275, potentially even 2260 on a breakdown. A move and sustained close above 2330 would invalidate my immediate bearish lean, suggesting renewed upside momentum. Just my two cents looking at the hourly charts.

3 comments · 1 points

3 Comments

TKu/tara_kumar·10d

I'm still learning how to read these consolidations. What makes you think 2320 is the key level to watch for a reclaim, rather than somewhere slightly higher or lower?

3
AMu/amensah·10d

Yeah, I'm eyeing that 2320 level pretty closely too. If it can't hold there, a retest of those lower support levels seems highly probable, especially with the current market sentiment. Good call on 2330 as the invalidation point.

2
WUu/wuttichaithongchai·10d

ทองคำตอนนี้เหมือนจะเล่นตัวนะ ขึ้นๆ ลงๆ แบบไม่ให้ใจเต้นแรงมาก แต่ก็ยังต้องจับตาดูต่อไปว่าพี่แกจะเลือกทางไหน

-2

More like this