aroonblue
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aroonblue
XAUUSD is forming nice rising wedge pattern, probably it's gonna fall before reaching a new high
aroonblue
Gould could fall soon, short possible after a candle close below the previous support
aroonblue
A temporary short on gold as the 3 touch major resistance line is broken, there could be a retest before further fall
aroonblue
Gold broken the the trendline and making lower highs and lower lows in the lower time frames, so there is a possibility that it may fall further to the previous resistance area
aroonblue
Short on gold Gold has broken the raising wedge, after a correction it could fall further but I was expecting gold to go till 2050 before a fall
aroonblue
Heads up from RSI trend breakout, can we expect fall in upcoming weeks, will wait for a confirmation
aroonblue
Gold ready for retest, as the trend line is broken as well as change in market structure, but this is a interim long, it will turn back to fall soonDone with our first targetTarget 2 hit
aroonblue
It's be several days since gold broken the trendline and reached a key level, can we expect a retest to the trendline before further fall?
aroonblue
Fall wedge broken and as mentioned in our previous post price bounced from the daily trend line, bullish bull
aroonblue
Just my view on gold, may fall further if the trend is brokenGold has reacted to our marked level, now how high it can go
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