Xauusd Gold uptrend
GOLD
The market is losing momentum at the strong support level after bearish move. The price has made weak swing lows and it is squeezed by forming a falling wedge pattern and since the pattern is reversal the price might bounced off it and go up to test the resistance zone. I think gold might go up if price action breaks out of the wedge pattern . My goal is the resistance at 1860.35
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My past forecasts on GOLD 👩💻
№1GOLD +220p✅
№2GOLD +160p✅
№3GOLD +291p✅
№4GOLD +131p✅
№5GOLD -186p❌
№6GOLD +196p✅
№7GOLD +198p✅
№8GOLD +206p✅
№9GOLD +168p✅
№10GOLD +286p✅
№11GOLD +256p✅
№12GOLD +126p✅
№13GOLD -168p❌
The market is losing momentum at the strong support level after bearish move. The price has made weak swing lows and it is squeezed by forming a falling wedge pattern and since the pattern is reversal the price might bounced off it and go up to test the resistance zone. I think gold might go up if price action breaks out of the wedge pattern . My goal is the resistance at 1860.35
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩💻
№1GOLD +220p✅
№2GOLD +160p✅
№3GOLD +291p✅
№4GOLD +131p✅
№5GOLD -186p❌
№6GOLD +196p✅
№7GOLD +198p✅
№8GOLD +206p✅
№9GOLD +168p✅
№10GOLD +286p✅
№11GOLD +256p✅
№12GOLD +126p✅
№13GOLD -168p❌
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