🔹XAU is in a rising trend channel in the medium long term.
🔹XAU had a strong fall after the negative signal from the DOUBLE TOP formation at the break down through the support 133.
🔹Supported at 120, which may give a POSITIVE reaction.
🔹RSI is below 30 after the falling prices of the past weeks.
🔹Overall assessed as technically slightly POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
🔹XAU had a strong fall after the negative signal from the DOUBLE TOP formation at the break down through the support 133.
🔹Supported at 120, which may give a POSITIVE reaction.
🔹RSI is below 30 after the falling prices of the past weeks.
🔹Overall assessed as technically slightly POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
The most profitable U.S. Stock VIP Signals Provider in Telegram Channel | Check our latest product updates: bit.ly/wavepoint-vip |
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
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.
The most profitable U.S. Stock VIP Signals Provider in Telegram Channel | Check our latest product updates: bit.ly/wavepoint-vip |
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
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.