Gold (XAUUSD) Technical view on 1 Hour chart.
Updated
Gold is forming a falling wedge on 1 hour chart and if it will break on lower side then sell near 1785.20 for the TG of 1781-7176 with SL of 1789, on the other hand if it will break the upper side the buy @ 1791 for the TG of 1794.50-1798 with SL 1788.
Note
1st Target Done in Gold, Trail your SL to 1792 for 2nd TG or Book Profit here.Trade closed: target reached
2nd Target also done, now close the trade.
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.