XAUUSD its forming an advance harmonics pattern on its daily chart (Crab).
The price is trading a PCZ (pattern completion zone)
62% 1930.601 C&H is the first target for Gold where the price could have a negative outcome with the second set 79%: 1962.026 and above 'D' 314%: 1970.83.
100%: 2004.695 C&H
This doesn't mean the pattern will be valid without any rules of engagement.
Just an idea to take in consideration next week.
The price is trading a PCZ (pattern completion zone)
62% 1930.601 C&H is the first target for Gold where the price could have a negative outcome with the second set 79%: 1962.026 and above 'D' 314%: 1970.83.
100%: 2004.695 C&H
This doesn't mean the pattern will be valid without any rules of engagement.
Just an idea to take in consideration next week.
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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.