XAUUSD IDEA
Hello traders.
Gold has been spiked down and up very quickly in 1 day.
we see a respected support area as pointed on the chart.
we have 2 touches already and also a Descending triangle has been formed.
We are waiting how the price reacts on the support area and will look for a buy or a sell , depends on if the area is going to be respected or not.
Gold has been spiked down and up very quickly in 1 day.
we see a respected support area as pointed on the chart.
we have 2 touches already and also a Descending triangle has been formed.
We are waiting how the price reacts on the support area and will look for a buy or a sell , depends on if the area is going to be respected or not.
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.