#XAUUSD today we use the second strategy which occur on two formation based on timeframe, gold have made a rise above 1963 limits which is a weak trend movement but its still strong to continue on bullish movement but let's follow according to H3 timeframe because changes on double formation have occurred, if gold makes a fall below 1951 in H3 then we expect a drop below 1946 below target but if possible gold decline on rejection touching 1951 in H3 then a possible bullish target above 1967 will occur which can make a rise to 1970.
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.