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XAUUSD major support and resistance for the day

258
support:
2348
2337
2327
2322
2312
2306

Resistance:
2365
2374
2388
2395
2404
2412
2421

The bottoming sign in the 1D timeframe is clear, but the upward momentum still falls short of expectations. If a strong uptrend forms today, we could see a high of 2,370 in the 1D timeframe, after completing this uptrend, we will then assess whether there will be a correction or if the bullish trend will continue. In the 4H timeframe, it is just lacking a bit of momentum for an uptrend. With another rise on Thursday to break through 2,342 and the Bollinger upper band widening, it will form a strong uptrend. This could lead to a significant surge, and combined with the target in the 1D timeframe, we could see a rise of about US$30 this week.


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Заметка
just as explained with support and resistance
Сделка закрыта: достигнута тейк-профит цена
just as predicted

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