XAUUSD:week's technical analysis
Following last weeks consolidation and a bullish rally on friday, Gold was able to reach a daily high(1830.33)
The pair has maintained structure on the rising horizontal channel.
with that we look for a confirmation to sell the (PULLBACK)
Be on look out for double top formation as a key signal for drop
Alternatively, a bullish breakout signify a further bullish continuation.
Safe trading and remember "Risk Management " is 🔑✔
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Note
Comment: full TP hit.....overall good trade capitalisation awaiting further movement
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.