XAUUSD continues its short-term uptrend
XAUUSD is trading in a narrowing triangle pattern. The short-term trend has failed to break through the support level of 2645 in multiple attempts and is showing signs of a potential rebound.
You can wait for a BUY signal based on my view or wait for a breakout from the triangle pattern and a close above 2659. When that happens, we can look to buy at 2569 or 2655, with a stop-loss of 5 points for each level. Our target will be to reach back to the 2670 level.
Good luck! Follow me
You can wait for a BUY signal based on my view or wait for a breakout from the triangle pattern and a close above 2659. When that happens, we can look to buy at 2569 or 2655, with a stop-loss of 5 points for each level. Our target will be to reach back to the 2670 level.
Good luck! Follow me
交易進行
Xau XAUUSD broke down the triangle pattern below, we temporarily close the BUY signal. Wait for the price to break and close below 2643, I will update the SELL position again. Good luck.
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