GOLD (XAUUSD): Consolidation Continues
Quick update for 📉Gold.
The market is currently trading in a wide horizontal range on a 4-hour time frame.
After testing the support of the range, there was a significant bullish reaction as the price formed a double bottom pattern and broke below its neckline on the hourly time frame.
I believe that the price may continue to rise towards the resistance of the range with targets at 2916 and 2933.
The market is currently trading in a wide horizontal range on a 4-hour time frame.
After testing the support of the range, there was a significant bullish reaction as the price formed a double bottom pattern and broke below its neckline on the hourly time frame.
I believe that the price may continue to rise towards the resistance of the range with targets at 2916 and 2933.
交易進行
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。