XAUUSD Predicted to be Bullish
XAUUSD analysis
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We will analyze in H1 TF, where we see that Gold is experiencing a bearish trend or down. In moments like this, we can take short positions when the price has been confirmed or has broken through the strongest support level.
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For the current hour and today, Gold most likely will form a double bottom pattern on H1 TF, you can all see it. And if that's the case, we can take advantage of this to buy on weakness or buy in areas where the market has confirmed the trend, namely at the price of 1929.
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The level of accuracy is uncertain because the character of the gold market is very volatile, so be careful when opening trading positions in this market.
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- Don't forget to follow me to get the next idea update
XAUUSD analysis
.
We will analyze in H1 TF, where we see that Gold is experiencing a bearish trend or down. In moments like this, we can take short positions when the price has been confirmed or has broken through the strongest support level.
.
For the current hour and today, Gold most likely will form a double bottom pattern on H1 TF, you can all see it. And if that's the case, we can take advantage of this to buy on weakness or buy in areas where the market has confirmed the trend, namely at the price of 1929.
.
The level of accuracy is uncertain because the character of the gold market is very volatile, so be careful when opening trading positions in this market.
.
- Don't forget to follow me to get the next idea update