XAUUSD Falling Wedge Still Bullish - 24/3/24.
XAUUSD
Based on the falling wedge pattern showing in the chart
which is a bullish chart pattern that occurs when the market makes lower highs and lower lows within a converging trendline structure. This pattern indicates potential bullish reversal or continuation.
*** Proposing a long position from 65-46 range
*** Last Target 2206
*** Stop loss as showing in the layout
Stating that the setup is not financial advice but rather a personal trading plan is an ethical practice.
Based on the falling wedge pattern showing in the chart
which is a bullish chart pattern that occurs when the market makes lower highs and lower lows within a converging trendline structure. This pattern indicates potential bullish reversal or continuation.
*** Proposing a long position from 65-46 range
*** Last Target 2206
*** Stop loss as showing in the layout
Stating that the setup is not financial advice but rather a personal trading plan is an ethical practice.
Simplicity.
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