XAUUSD Bearish Wedge!!
Price is bouncing in between wedge pattern, on the 1H chart we see price has broken both 50 and 21 EMA, there is confluence with current wedge support and dynamic line, will be looking for a break below support of wedge to 1475 support (grey line). Let me know what you guys think!!
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.
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.