GOLD (XAUUSD): Potential (LONG) 03x0

Started by OZER, Dec 12, 2021, 01:12 AM

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Dec 12, 2021, 01:12 AM Last Edit: Dec 12, 2021, 03:16 AM by OZER
Hey traders,

Gold remains very weak and indecisive.
The price is coiling above a daily key level.

Analyzing the intraday perspective,
I spotted an expanding wedge pattern on 6H time frame.
Its bullish breakout will be a strong bullish signal.
Then the price will most likely reach 1810 level.

In case of a bearish breakout of a blue zone on a daily,
bearish continuation will be expected.

Are you bullish or bearish on gold?
All content is for education purpose only, not financial advices.

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Pwedi mang hingi nang kopya nang module mo?

What period should i set on the ATR?

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Thank you so much, finally understood what the patterns mean, not just what they are