Gold Spot / U.S. Dollar
Updated

UAX/GOLD SPOT / U.S. DOLLAR Daily Peek

167
Hello Friends,

The charts I been looking at today have pointed out that there is a possible double bottom. That all hinges upon the completion of the neckline of course. So if anyone is in on this trade beware that it could go either way. Especially given the fact that this chart is pointing towards 2 bearish patterns. I am expecting a reversal but will swing along the way during this reversal.

Not trading advice, do your own research before entering a trade. Never over leverage and invest only that what you can afford to lose.

Good Luck

Cheers!
Note
Double Bottom H1
snapshot
Note
oops...my dyslexic mind must of typed UAX and not XAU. If my dyslexic mind did the chart then perhaps it is best to go opposite to what the chart says. hehe

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.