Check out the trade plan for XAUUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
Gold has formed a nice falling wedge pattern on the H4 timeframe which also got supported with a bullish reversal close to 1620. Here we have got the bullish breakout confirmation on the upper boundary. With the breakout formed here, I expect the gold to revisit back close to the 1670 area once again.
Gold has formed a nice falling wedge pattern on the H4 timeframe which also got supported with a bullish reversal close to 1620. Here we have got the bullish breakout confirmation on the upper boundary. With the breakout formed here, I expect the gold to revisit back close to the 1670 area once again.
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