GOLD (XAUUSD): The Zone to Watch 🥇
On Gold we got a brand new trend line yesterday:
the price is now trading within a falling wedge pattern,
nicely being rejected from its upper boundary.
Now the blue contracting area on the chart serves as our intraday/daily supply zone.
From that, I will expect a bearish continuation.
Next support - 1750
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Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.