XAUUSD H1
Yesterday's market price did not show any reactions to the current price except that the $ 3 movement from the 1787.00 prices is counted as a horizontal market movement. Today the market opens at 1796.00 where the price is the height of the previous market price.
From the technical aspect what can be seen here is, the price is testing at the last high, and these are the nearest support and resistance levels, among them are:
S1: 1793.00
S2: 1787.00
S3: 1777.00
-------------------
R1: 1799.00
R2: 1805.00
R3: 1815.00
So between each of these levels you can see if there is any breakout accompanied by other techniques, it can be used as a trading guide and head to the next nearest level to be used as a take profit.
So the question is, will today's Friday market be able to further increase the current market price, or vice versa. Let’s take a look at when the US market opens tonight.
Follow us to always know the science of trading as well as the latest updates on technical analysis & fundamental analysis
No comments:
Post a Comment