XAUUSD has formed an ABC bearish pattern on its daily chart.
The price is trading below the entry level EL: 1918.20
ST: 1925.89
Target1
62% AB: 1876.90
79% AB: 1871.42
Target2:
127% AB: 1856.06
162% AB: 1845.27
The price is trading below the entry level EL: 1918.20
ST: 1925.89
Target1
62% AB: 1876.90
79% AB: 1871.42
Target2:
127% AB: 1856.06
162% AB: 1845.27
Note
Note
The Structure Explained:
Trade closed: stop reached
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.
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.