XAUUSD Broke Trend- GOLD
Diupdate
Using the previous week analysis on the 4hr timeframe to confluence USDJPY weekly analysis we see that weaker dollar caused by fundamental remarks/issues and bad economic data Gold broke its trend and looks to be starting a run of higher highs and higher lows. This can be confirmed by the inverted head and shoulders pattern better seen on the daily, also a potential EMA cross would add to the list of confirmations which looks like a possibility. If the dollar continues to weaken 1240 zone seems like reasonable upside target.
Catatan
Analysis running well.. gold currently in the supply zoneCatatan
Showing signs of rejection in the supply zone.. cool analysis !
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.