XAUUSD Idea

24 oct 2022

Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.

Today I want to talk to you about the XAU/USD chart.

Observing the graph, we can see how the price moved in a downward trend where it formed an upward impulse and broke through the resistance line.

I think if the price rises to the resistance level and holds there, it may try to test the 1705 level.

So I decided to set a few targets. I see the first target at 1678, the next target I have set at 1705 .

I expect this scenario.

This is my opinion, I really hope it will be useful for you.

Be prepared and save your money. Make big profits!