Click the link in the Yellow circle to see the previous analysis.
Nearly PERFECT analysis so far. The potential target 1 zone is very crucial. If it can break that zone, I reckon XAU will keep climbing to the next target. But if it rejects the potential target 1, I reckon it will fall back down to the bottom white channel line.
Catalyst:
- Fed chair Powell
- Covid-19 news
- Trump tweet
- US Unemployment
- Price action
Nearly PERFECT analysis so far. The potential target 1 zone is very crucial. If it can break that zone, I reckon XAU will keep climbing to the next target. But if it rejects the potential target 1, I reckon it will fall back down to the bottom white channel line.
Catalyst:
- Fed chair Powell
- Covid-19 news
- Trump tweet
- US Unemployment
- Price action
Note
I sent this chart to my clients a few hours ago.Note
So far, so good! Current market price chart
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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.
Upgrade Your Trading Station with Gold Cartel
Related publications
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.