XAUUSD has formed an ABC bullish pattern on its daily chart.
The price is trading the entry level 1918.929.
ABCs patterns are only valid when the price closes above the entry level with a progressive uptrend.
GOLD ABC BULLISH PATTERN
WALL 1976.343
💼EL 1918.929
⚠️SL 1887.910
🎯TP1 2029.302 61.8% BCD
🎯TTP2 2067.311 78.6% BCD
The price is trading the entry level 1918.929.
ABCs patterns are only valid when the price closes above the entry level with a progressive uptrend.
GOLD ABC BULLISH PATTERN
WALL 1976.343
💼EL 1918.929
⚠️SL 1887.910
🎯TP1 2029.302 61.8% BCD
🎯TTP2 2067.311 78.6% BCD
Note
Note
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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.