Gold XAUUSD, Falling Wedge Pattern Breakout, Target $2440 (+4.5%

2024年6月19日

In Gold XAUUSD, Falling Wedge Pattern formed and Breakout. So Target is $2440. And also consider a Wolf Wave Pattern.

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2024年6月22日

交易進行

It is just a retest of the trendline after the breakout. Wait for an uptrend continuation. If the market closes below 2300, then it indicates a trend failure or a trend change. Refer to this image.

2024年6月27日

註釋

Pattern was changed to Triangle. If continue to Uptrend, Next Target is Triangle Top.
Refer to this image :

2024年7月16日

註釋

Finally, Pattern changed but Target Reached.