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#GOLD (#XAUUSD): Updated Support & Resistance Analysis

Here is my latest structure analysis for ⚠️Gold.

Resistance 1: 4571 - 4593 area
Resistance 2: 4638 - 4688 area
Resistance 3: 4741 - 4774 area
Resistance 4: 4824 - 4887 area

Support 1: 4306 - 4327 area
Support 2: 4100 - 4114 area
Support 3: 3997 - 4049 area

Consider these structures for pullback/breakout trading.
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Daily time frame
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Trading Setup #Update

Instrument: #GOLD
Posting date: 05.05

Good job, team!πŸ’°

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Great feedbacks, from my followers!😍
#GBPCAD: Important Breakout πŸ‡¬πŸ‡§πŸ‡¨πŸ‡¦

πŸ“ˆGBPCAD broke and closed above a significant daily horizontal resistance cluster.

It opens up a potential for more growth.

The next goal for buyers is 1.888.
I will expect a bullish movement after a pullback.
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Daily time frame
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#GBPAUD: Bearish Move From Key Level πŸ‡¬πŸ‡§πŸ‡¦πŸ‡Ί

πŸ“‰GBPAUD will likely retrace after a test of a key daily resistance level.

A bearish CHoCH on a 4h time frame indicates a strong selling pressure.

Goal will be 1.92.
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Daily/1H time frames
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⭐️In 30 minutes - German Inflation Data

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#CADCHF: Another Bearish Move Ahead πŸ‡¨πŸ‡¦πŸ‡¨πŸ‡­

πŸ“‰CADCHF completed a consolidation, breaking a horizontal support
of a horizontal range
on a daily time frame.

With a high probability, the price will drop lower after a pullback.

Goal - 0.5674
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Daily time frame
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#USDCHF Sell Signal +18 pips Made ⭐️

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