XAUUSD , uptrend movement , target 2050.
Analysis of gold spot
Time frame Day chart
What is the analysis ?
Draw the trend line for the existing 3 resistance point and since the value is going up trend so we can expect the target up to 2050 . If the value crosses beyond 2050 ,i.e beyond resistance line then we can expect that target up to 2164
hope our analysis is adding value to your trading journey thank you
This is for education purpose
Time frame Day chart
What is the analysis ?
Draw the trend line for the existing 3 resistance point and since the value is going up trend so we can expect the target up to 2050 . If the value crosses beyond 2050 ,i.e beyond resistance line then we can expect that target up to 2164
hope our analysis is adding value to your trading journey thank you
This is for education purpose