XAUUSD did not break the daily resistance. looks like there is a bounce from the daily resistance.
at 4H there is DT, if the neckline breaks we can expect the gold to fall till the 4H support(very strong support)
at 1H H& pattern, after the breakout the target can expect to fall till the 4H support marked in the video.
at 4H there is DT, if the neckline breaks we can expect the gold to fall till the 4H support(very strong support)
at 1H H& pattern, after the breakout the target can expect to fall till the 4H support marked in the video.
Trade active
based on H& pattern in 1H time frame.Trade closed: target reached
the target 2012.17 has hitNote
target 2004.06 also hit. the 4H support 2004.06 broke too. Next can expect the gold to reach daily support(1991.27) if the bear continues.....,
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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.