I reckon XAU has the potential to fall to the targets in the next 20 to 50 days. Potential nice swing.
Catalyst:
- H4 Bear flag
- Potential Death cross
- Potential Head and Shoulders pattern on the daily
- reuters.com/article/us-usa-biden-yellen/treasury-nominee-janet-yellen-to-say-us-does-not-seek-weaker-dollar-wsj-idUSKBN29M0O7
Catalyst:
- H4 Bear flag
- Potential Death cross
- Potential Head and Shoulders pattern on the daily
- reuters.com/article/us-usa-biden-yellen/treasury-nominee-janet-yellen-to-say-us-does-not-seek-weaker-dollar-wsj-idUSKBN29M0O7
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Here's the entryNote
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So far so good, it fell from our entry 1873 down to 1838Note
Reached the target 1 at 1830 zoneNote
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The potential new entry, but will depend on PowellNote
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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.