XAUUSD Analysis - Gann Theory

[_elabin]

*** XAUUSD

Prone to Fall (from the highest of a trend)

Pivot Date: 2023-04-14 (32 days ago)
Last Update: 2023-05-07

Live chart preview:

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Support and Resistance Levels (Gann Degree)

Degree >>>> Support >>>> Resistance
45º >>>> 1979.04 >>>> 2122.21
90º >>>> 1909.32 >>>> 2195.68
135º >>>> 1840.86 >>>> 2270.39
180º >>>> 1773.64 >>>> 2346.36
225º >>>> 1707.68 >>>> 2423.57
270º >>>> 1642.97 >>>> 2502.03
315º >>>> 1579.50 >>>> 2581.75
360º >>>> 1517.29 >>>> 2662.71

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Square of Price and Time (Gann Square)

Bottom Date: 27 Sep 2022
Top Date: 14 Apr 2023

Price Low: 1622.29 ⟶ 262°
Price High: 2047.49 ⟶ 186°

Price Range: 425.2 ⟶ 225°
Work Day: 140 ⟶ 97°
Calendar Day: 199 ⟶ 147°

Result :
• 140 working days is squared with the price (Tolerance: 1 degrees; Multiple of 270)

 

[Choxlnc]

Quite interesting. Never have seen this type of analysis.