Quick Gold (XAU/USD) Chart Analysis
🚀 Quick Gold (XAU/USD) Chart Analysis 🚀
Just checked out the 15-min chart for Gold on OANDA. Here’s what I’m seeing:
Key Levels: Price is sitting around 2689 right now, with support near 2686 and resistance up at 2695 and 2701. These levels could be areas to watch for bounces or pullbacks.
Trend: We had a strong move up earlier, but since then, it’s been a steady downtrend with lower highs and lower lows.
Potential Play: If the price holds above 2686, we might see a reversal, but if it can’t break resistance around 2695–2701, the downtrend could keep going.
Keeping an eye on this setup—let’s see where it goes! 📉👀
Just checked out the 15-min chart for Gold on OANDA. Here’s what I’m seeing:
Key Levels: Price is sitting around 2689 right now, with support near 2686 and resistance up at 2695 and 2701. These levels could be areas to watch for bounces or pullbacks.
Trend: We had a strong move up earlier, but since then, it’s been a steady downtrend with lower highs and lower lows.
Potential Play: If the price holds above 2686, we might see a reversal, but if it can’t break resistance around 2695–2701, the downtrend could keep going.
Keeping an eye on this setup—let’s see where it goes! 📉👀
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