Description
⋅ XAUUSD did not break the daily resistance. looks like there is a bounce from the daily resistance.
at 4H there is DT, if the neckline breaks we can expect the gold to fall till the 4H support(very strong support)
at 1H H& pattern, after the breakout the target can expect to fall till the 4H support marked in the video.
Trade active
⋅ based on H& pattern in 1H time frame.
Trade closed: target reached
⋅ the target 2012.17 has hit
Comment
⋅ target 2004.06 also hit. the 4H support 2004.06 broke too.
Next can expect the gold to reach daily support(1991.27) if the bear continues.....,