u/Brief-Assistant-8782 — reddlx

Crazy market opening expectated for XAUUSD !!

As president trump has made an announcement we can see a big drop on GOLD and next level we can expect it to reach 4000 levels.

Tomorrow at Monday market opening we can look at these key levels.

Immediate support -4500 and these levels will break so we can expect a huge drop as well.

Immediate Resistance - 4700,5000 for long term and these are weekly levels which are majorly acting for the charts.

There we will see a massive drop in GOLD!!

Any more opinion?

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u/Brief-Assistant-8782 — 3 hours ago

▲ 6 r/Forexstrategy+1 crossposts

XAUUSD EXPECTED MOVE FOR MONDAY!!!

For more analysis and updates join here - https://chat.whatsapp.com/FlX5AzFiQqLB1shtUMSadV

Let's see what will happen with GOLD on market openings.

Scenario 1:- If the XAUUSD price sustains above 4710 then we can see a clear break out level for uptrend, but market opening can give gap up opening as well so we can easily see a clear bullish movement as well. But it's depend on what price it broke after the opening.

Scenario 2:- If the price sustains below 4550 level which is acting a strong support zone and if this level breaks then we can expect it to reach 4500 and 4490 level as well. For long term 4300 is also a key level to watch.

what's your thoughts ?

u/Brief-Assistant-8782 — 4 hours ago

▲ 1 r/Forexstrategy+1 crossposts

XAUUSD drop coming!!

XAUUSD after the Friday market on Monday opening we can expect it to reach more over on the downtrend.

The Immediate Resistance will be 4700,4710 and once this level will break we will see an uptrend move and we can expect it to reach 4750 as well.

if I talk about the support then 4650 is acting as a strong support and if this level will break so we can expect it to reach 4500 levels for market opening.

what's your views guys ?

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u/Brief-Assistant-8782 — 5 hours ago