Sell GOLD at Retest of Broken Trendline / Trading Range / H4
It was mentioned in my previous analysis that gold will fall with $1787 target
$1787 was bottom of trading range. XAUUSD got supported there and now moving up.
I myself get short at retest of broken wedge. Target will be again $1787 for bears to test the support.
If bulls push prices higher above the wedge line, then $1825 (Right Shoulder) will be bulls target.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
$1787 was bottom of trading range. XAUUSD got supported there and now moving up.
I myself get short at retest of broken wedge. Target will be again $1787 for bears to test the support.
If bulls push prices higher above the wedge line, then $1825 (Right Shoulder) will be bulls target.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
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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.
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.