The trend seems to have changed friends, Gold has formed a rising wedge pattern, and the price has broke the lower trendline. MACD also confirms the possibility of a fall.
Trade idea: We consider selling #XAUUSD only when falling below 3310 and 50MA;
Target:1: 3240;
Target:2: 3180 (on further fall).
Trade idea: We consider selling #XAUUSD only when falling below 3310 and 50MA;
Target:1: 3240;
Target:2: 3180 (on further fall).
Trade active
Note
wait for 3310 breakout then sell gold
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JOIN MY FREE FOREX & GOLD SIGNALS TELEGRAM CHANNEL
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.