GOLD Technical analysis in the chart today we discuss gold thacnicle analysis in the chart for this week we look to have in at a range few days up down mark up the yellow color this chart is h4 so we need to find out my trend move come on the chart set up your strategy and system I look at the gold h4 chart then the draw trend line already breakdown the trend line so hopefully more down a few days ago big move from 06/08/2021 to 09/08/2021 we look for potential support so strong support this level 1685.45 is near so we find out the potential support level mark of the horizontal line we can follow the horizontal for support or if breakout the upper trend line we can follow the uptrend. however always trend is the friend gold h4 price fluctuates within sideways track always we need to find out must be trend and support/resistance so need for everyone to do analysis
AUDNZD
now have AUDNZD Strong support we look and observe then if the price does bounce then entry buy we have a long opportunity in the buy and flow the take profit upper horizontal line
(PLAN-A) patterns support
we have a long opportunity in the buy entry in the nearby support and must use stop loss we can follow in the take profit upper horizontal line as your wish any your target but you can follow this
(PLAN-B) if breakdown support
breakdown support we have a long opportunity in the sell entry because a breakdown in strong support so we can sell entry but after the breakdown fully