XAUUSDWe have technical figure Triangle in Gold. The Triangle has broken through the support line at 14/06/2021. Forming a bearish formation on a day chart. If price holds below this level we will have possible bearish price movement with forecast for the next 11 days with target 1 843.34 USD. Our stop loss order should be placed at 1 903.07 USD if we decide to enter this position.
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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.