H4 Timeframe Analysis
Gold is currently holding falling wedge the Range of 3330-3290 structural support.Also market is completed Inverse Head & Shoulder pattern which is broken.
What's possible scanarios we have?
▪️if H4 Candle remains below 3280 then we'll see gold to tap 3255 a then 3230 as our optimal target.
(PREFERRED )
▪️exceptional Move of Day if the H4 candle remains above 3280-3290 then keep your eyes at 3320 then 3335
Additional TIP:
All eyes on DXY
#XAUUSD
Gold is currently holding falling wedge the Range of 3330-3290 structural support.Also market is completed Inverse Head & Shoulder pattern which is broken.
What's possible scanarios we have?
▪️if H4 Candle remains below 3280 then we'll see gold to tap 3255 a then 3230 as our optimal target.
(PREFERRED )
▪️exceptional Move of Day if the H4 candle remains above 3280-3290 then keep your eyes at 3320 then 3335
Additional TIP:
All eyes on DXY
#XAUUSD
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.