TanujaK

GOld spot or XAUUSD DOwntrend movement . Target 1900

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
SYmbol Gold SPot or XAUUSD
TImeframe Day chart
Analysis : Here we can conclude Selling pressure is more as we can observe a strong reverse pin bar and the breakout from the triangle pattern .

We can expect a target of 1985/1900

HOPE our analysis is adding value to your Trading Journey.

NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.

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.