Saturday, October 12, 2024

"XAUUSD" Weekly Trading View DATE: 12-10-2024

Jai Shri Ram! http://www.fxlive.in/ "XAUUSD" Weekly Trading View: Last week again we had seen range bound trading and made low of $2601.81 and after that made high of $2661.40 and $2657.03 is weekly close. Now Question is what's Next ? as per weekly close, market still looks bullish. now there is good trend-line resistance and Fibonacci retracement level of $2688 and if we get break out and holding or closing above our levels then we can see more powerful upside movement up to $2725 & $2762 but if XAUUSD, not able to holding above our levels then we can see some cooling pressure up to $2617 and after that $2574 Regards The Market thinker MCX Commodity + NSE Equity and Forex Market

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