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GOLD XAU/USD IS GOING TO START A BULLISH CYCLE
Gold Spot / U.S. Dollar
Long
GOLD XAU/USD IS GOING TO START A BULLISH CYCLE
By TradingMasteryPro
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Follow
Aug 8, 2023
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Cheer
Cheer
Aug 8, 2023
Hi traders!
We have a bullish bat pattern in XAU/USD.
To take this position consider the following:
1) First, the price has to breakout the dynamic channel specified at the graph
2) Second, the structural resistance level has to be broken.
When the two levels (bearish resistance channel and resistence level) have been broken, you could enter the position.
Good trades :)
Bat
Chart Patterns
goldlong
goldtrade
goldtrend
Trend Lines
xauusdbuy
xauusdlong
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