XAUUSD - Long position prediction based on technical analysis.
Current prediction based on the following analysis ;
HTF ◄ Daily
Bullish Trend ◄ Yes
Pattern confirmation ◄ Yes
> Inverse H & S bottom
> Bullish H & T pattern
Major Structure ◄ Yes @ 1763.00 & 1795.00
Break out of H & T pattern @1747.40 ◄ Yes
Missed opportunity on the previous 4H pullback into the 1747.40 level.
Pullback into Killzone on 4H ◄ Awaiting Retest
Projected Targets◄
> 1.272 Fib extension for T1
> 1.618 Fib extension for T2
Current prediction based on the following analysis ;
HTF ◄ Daily
Bullish Trend ◄ Yes
Pattern confirmation ◄ Yes
> Inverse H & S bottom
> Bullish H & T pattern
Major Structure ◄ Yes @ 1763.00 & 1795.00
Break out of H & T pattern @1747.40 ◄ Yes
Missed opportunity on the previous 4H pullback into the 1747.40 level.
Pullback into Killzone on 4H ◄ Awaiting Retest
Projected Targets◄
> 1.272 Fib extension for T1
> 1.618 Fib extension for T2
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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.
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.