XAUUSD • AlQANAAS analysis
Gold – Latest Analysis and Current Position
#Gold – Will the picture complete with us according to our analysis and view? These are the zones we placed yesterday!
Now we see gold respecting the level precisely from (4440), and beyond that the resistance and support are at(4360‑4355).
If a break and hold occur below 355, the move can extend to 4340. A break of support would lead to the range 4310‑302, followed by the zone 4275‑270, which is very important because a breakout from there could trigger a launch. A break here opens the path to the next correction zones I see at 4220‑4170, after which a new strong upward wave may develop if it holds—God knows.