XAUUSD Technical Update
A unique moment for Gold, friends! The price is testing the previously broken trendline, and has formed a descending channel pattern. The price crossed the lower Bollinger line, making a bounce to the upper trendline possible. However, globally everything is pointing to a fall in XAUUSD (AO indicates a bearish sentiment, and at the bottom OB)
#Trade #Idea
We consider selling #XAUUSD on a fall below 3290 with a target to 3270 / 3260 or if the 1H Candle close above 3290 after Gold may rise to 3315 and then fall to 3265.
This is an extremely important level, guys, so be careful. Oh yeah, and hit more ❤️
If you like this idea if you have any feedback about it Please share in the comments we need your support.
A unique moment for Gold, friends! The price is testing the previously broken trendline, and has formed a descending channel pattern. The price crossed the lower Bollinger line, making a bounce to the upper trendline possible. However, globally everything is pointing to a fall in XAUUSD (AO indicates a bearish sentiment, and at the bottom OB)
#Trade #Idea
We consider selling #XAUUSD on a fall below 3290 with a target to 3270 / 3260 or if the 1H Candle close above 3290 after Gold may rise to 3315 and then fall to 3265.
This is an extremely important level, guys, so be careful. Oh yeah, and hit more ❤️
If you like this idea if you have any feedback about it Please share in the comments we need your support.
Trade active
Price will Respect our chart almost Get there resistance 3314
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✅Join my Telegram Channel
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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.
✅My Free Signals
t.me/addlist/UkeZgBhHMpowODA0
✅Join my Telegram Channel
t.me/Trade_With_Kb1
t.me/addlist/UkeZgBhHMpowODA0
✅Join my Telegram Channel
t.me/Trade_With_Kb1
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.