XAUUSD (Gold Spot) Pennant Formation
XAUUSD has been on an outstanding uptrend for a while now.....A "Reasonable" DAILY close above the pattern will cause a continuation of the UPTREND......but the reverse will cause a TREND Reversal. GOODLUCK.
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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.