“XAUUSD” Weekly Trading View DATE: 07-09-2024

Jai Shri Ram!

“XAUUSD” Weekly Trading View: Last week we clearly said, we are expected fall in XAUUSD and made high of $2529.16 (not able to break previous high) and after that made low of $2471.50 (our support was $2466) and $2497.09 is weekly close.

Now Question is what’s Next ?

as per weekly close, market still looks bullish but still we are expecting some fall. now there is good trend-line resistance zone is $2532 and if we get break out and holding above our levels then we can see more rise up to $2560 & $2585 but if XAUUSD, not able to holding above our levels and finding resistance then we will see some cool down up to $2466 and after that $2430

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!