“XAUUSD” Weekly Trading View DATE: 17-08-2024

Jai Shri Ram!

“XAUUSD” Weekly Trading View: Last week we clearly said, we are bullish in XAUUSD and made low of $2423.50 and after that we seen awesome movement and made high of $2509.72 & our final target was $2510 and $2506.84 is weekly close.

Now Question is what’s Next ?

as per weekly closing, market looks more bullish because of “FED” Rate Decision. now there is good trend-line support is $2468 and if we get break out and holding below our levels then we can see some more fall up to $2436 & $2400 but if XAUUSD, not able to break our levels and finding support then we will see one more fire up to $2542 and after that $2588

Chandan Singh

this is Chandan Singh from India. research technical analyst in financial market and helping investor or traders to generate knowleage with profit from financial market with having 17 years of experience!