XAUUSD: 150 pips strategy
Updated
Hello dear friends!
The precious metal is trading below resistance at $2045, continuing its downtrend on the day although the outlook remains bullish, marking a $7 decline on the day.
With the possibility of a head and shoulders pattern forming, I expect gold to fall to the indicated level.
The precious metal is trading below resistance at $2045, continuing its downtrend on the day although the outlook remains bullish, marking a $7 decline on the day.
With the possibility of a head and shoulders pattern forming, I expect gold to fall to the indicated level.
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Trade closed: target reached
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