#GOLD #XAUUSD: Ready for take off!
アップデート済
Gold is trading above important support levels. I previously mentioned the existence of a falling wedge pattern, but I modified it into a falling channel.
On the daily and weekly charts, we see the possibility of the current bearish corrective wave ending above 1810 levels, which at the same time represents the lower bound of the descending channel. If this support is not broken, we expect a rise to the levels of the upper bound of the channel at 1900 and further to 1940, which represents the 50% Fibonacci retracement of the ABCD pattern shown on the chart.
On the daily and weekly charts, we see the possibility of the current bearish corrective wave ending above 1810 levels, which at the same time represents the lower bound of the descending channel. If this support is not broken, we expect a rise to the levels of the upper bound of the channel at 1900 and further to 1940, which represents the 50% Fibonacci retracement of the ABCD pattern shown on the chart.
ノート
done and dusted!1919 so far
トレード終了: 利益確定目標に到達
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