CFD Oro (US$/OZ)
Short
Aggiornato

Gold to 1894 Downwards continuation

480
Hi,

Spotting Gold to move within the expanding wedge where we can that the lower band of the pattern is 1884 level. Price can hit that level after breaching 1894-1895 level.

However, falling wedge being a bullish reversal (mostly) we should be careful watching levels 1895.

DXY bullish continuation and US GDP is a catalyst and confirmation.
Trade attivo
Here we see greated falling wedge and our expanding falling wedge from the main snapshot within.

istantanea
Trade attivo
There's a level of uncertainty with DXY melting and Gold pushing 1912 level (618 fib level on dailt) from above. However we can look out for 1912 being a strong resistance now.
Nota
istantanea
Trade chiuso: stop raggiunto
Price violated 1912 level (daily FIB .0618).

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