XAUUSD has just landed on two major levels, the uptrend and Fibo level.
I expect Gold to reverse here and targets the upper trend of the triangle.
Cheers!
I expect Gold to reverse here and targets the upper trend of the triangle.
Cheers!
Note
A breakout of this downtrend will start the up move. Note
Good to go. Cheers! Note
It seems Gold just made wave 5 of C. I expect a bounce here.Note
By using Arithmetic Scale, Gold still shows respect to the uptrend.
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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.