Hello Traders, I’m currently new here to sharing ideas, but I’ve been trading for 7 years now. Here’s my outlook on XAUUSD. Technical Analysis : • COS past Daily 2341 Previous High • Inverted head and Shoulder (4HR) • Overall Discounted Area Fundamental Analysis: • Central Banks are still looking to hold there Gold shares • Interest Rates Remain the same...
I like XAUUSD to go to 2050! Confirmations • Weekly W pattern • 4HR Break of Structure Let’s see how she plays out.
I like XAUUSD to 2050. As you can see a weekly W pattern has been form, and a break of structure on the 4HR TF.