analysis of gold

Technical analysis of gold(XAU); 25-12-2022

Deltafx Admin 26 December 2022

Last week, the price fell to the level of 1785.900. We expect the price to rise in an to the level of 1821.99 if it does not break its trend line.

Technical analysis of gold
Technical analysis of gold; 25-12-2022

XAUUSD Fibonacci Pivot Point Levels

These levels are one of the most important tools for traders, created based on market fluctuations and the closing and opening levels of candles in different time frames. Levels in the 4-hour time frame are usually used by traders for daily trading and may be changed by market fluctuations in the coming week. Higher time frames are intended for longer-term transactions and their change in the next week requires more fluctuations and also the failure of the previous levels.

Time FrameS3S2S1PPR1R2R3
XAUUSD Fibonacci Pivot Point Levels

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