The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Flag Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 3473
2nd Resistance – 3519
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Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 3473
2nd Resistance – 3519
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🎁 Leave a comment to support for My Post !
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Best Regards, KABHI_TA_TRADING
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Trade active
Gold rises as Fed warns of economic uncertainty, the Federal Reserve (Fed) mentioned potential problems in the economy, like inflation and job issues. At the same time, people are paying attention to upcoming trade discussions between the United States and China.
Trade closed: stop reached
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Related publications
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.