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GOLD(XAUUSD): Is It The Moment to Reverse?! 🥇
Gold Spot / U.S. Dollar
Long
GOLD(XAUUSD): Is It The Moment to Reverse?! 🥇
By VasilyTrader
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Updated
Oct 9, 2023
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Oct 8, 2023
https://www.tradingview.com/x/1FXnc640/
GOLD finally reached a key daily structure support that we discussed earlier.
Approaching the underlined green area, the market started to slow down
and trade within a falling wedge pattern.
After the NFP release on Friday, we saw a strong spike up.
The market successfully violated and closed above the resistance of the wedge.
It seems that the market is ready for a correctional movement.
Goal - 1847
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Oct 9, 2023
Trade closed: target reached
Gold
goldanalysis
goldlong
goldsignals
goldtrader
goldtrading
Multiple Time Frame Analysis
Trend Lines
Wedge
XAUUSD
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