XAUUSD its forming an advance harmonics pattern on its daily chart (Crab).
The price is trading a PCZ (pattern completion zone)
62% 1930.601 C&H is the first target for Gold where the price could have a negative outcome with the second set 79%: 1962.026 and above 'D' 314%: 1970.83.
100%: 2004.695 C&H
This doesn't mean the pattern will be valid without any rules of engagement.
Just an idea to take in consideration next week.
The price is trading a PCZ (pattern completion zone)
62% 1930.601 C&H is the first target for Gold where the price could have a negative outcome with the second set 79%: 1962.026 and above 'D' 314%: 1970.83.
100%: 2004.695 C&H
This doesn't mean the pattern will be valid without any rules of engagement.
Just an idea to take in consideration next week.
Commento:
Commento:
This is The Cup & Handle Pattern
Commento:
1902.30 Key reversal level
1902.30 Will Tell if the price will resume the trend to the upside or will give a short signal.
1902.30 Will Tell if the price will resume the trend to the upside or will give a short signal.
Commento:
Commento:
Commento:
Following up
Commento:
Commento:
XAUUSD is trading below the EL: 1921.97/
ST: 1949.52
Target1 24% AD: 1870.65
Target2 38% AD: 1821.45
ST: 1949.52
Target1 24% AD: 1870.65
Target2 38% AD: 1821.45
Commento:
Commento:
Commento:
Commento:
Commento:
Commento:
Commento:
Commento:
Commento:
Commento: