“XAUUSD” Weekly Trading View DATE: 24-08-2024

Jai Shri Ram!

“XAUUSD” Weekly Trading View: Last week we clearly said, we are bullish in XAUUSD and made low of $2470.60 (our support level was $2468) and before that made high of $2531.67 (our resistance was $2536) and $2512.01 is weekly close.

Now Question is what’s Next ?

as per weekly closing, market looks still bullish but we can expect some fall. now there is good trend-line resistance zone is $2545 and if we get break out and holding above our levels then we can see more rise up to $2580 & $2610 but if XAUUSD, not able to holding above our levels and finding resistance then we will see some cool down up to $2470 and after that $2438

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!