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Gold Spot / U.S. Dollar

H4 shows a converging triangle pattern

45
As shown in the chart, H4 shows a converging triangle pattern. It's recommended to trade within this converging triangle pattern: buy low and sell high. Consider buying low at the lower level of the support trend line, as a false fall breakout and rebound is possible.

Strategy:

Sell Zone @ 3370 - 3410
SL: 20-40, TP: 40-80

Buy Zone @ 3270 - 3320
SL: 20-40, TP: 50-120
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goldpriceh4Moving AveragesSupport and ResistanceTriangletrianglepattrenXAUUSD

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goldpriceh4Moving AveragesSupport and ResistanceTriangletrianglepattrenXAUUSD
HyperAlphaPro
代理合作、群组经营、交易教学、付费报告、资金托管
--
另一个中文号：cn.tradingview.com/u/HyperAlphaPro_SC

Twitter / Instagram / Telegram / Weibo 微博 / WeChat 微信: HyperAlphaPro
Also on:

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.