XAUUSD is accumulating for a 1925 target.
Strong 1D candle for Gold today, still some way off the 1day MA50. The rebound was achieved on the 1day MA100.
There are strong similarities between February-March and August-October as you see. The rising RSI validates that the pattern is on the Double Bottom pricing. One last drop for a Triple Bottom is possible.
Perfect time to buy and Target Fibonacci 0.786 at 1925.
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There are strong similarities between February-March and August-October as you see. The rising RSI validates that the pattern is on the Double Bottom pricing. One last drop for a Triple Bottom is possible.
Perfect time to buy and Target Fibonacci 0.786 at 1925.
Follow us, like the idea and leave a comment below!!
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