XAUUSD IDEA - (21-10-2020)
IDEA XAUUSD - COMMENT YOUR OPINION - LIKE IT
As you can see I have drawn all the trendlines with possible patterns that gold follows.
We can see that in a 4h period a shoulder - head - shoulder pattern has formed.
We can see that gold is touching the trendline of resistance.
My opinion is that it can go down to the trendline of the support (time period 1D)
We will wait for confirmation in a period of 4h, and we will look for an entry in low periods of time (we will look for patterns in periods of time (M15 - M30 - 1H)
As you can see I have drawn all the trendlines with possible patterns that gold follows.
We can see that in a 4h period a shoulder - head - shoulder pattern has formed.
We can see that gold is touching the trendline of resistance.
My opinion is that it can go down to the trendline of the support (time period 1D)
We will wait for confirmation in a period of 4h, and we will look for an entry in low periods of time (we will look for patterns in periods of time (M15 - M30 - 1H)
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