For the swingers among us, we can see the XAU/USD is bearish. For now, the price is between two Quasimodo levels. Quasimodo pattern is one of the most powerful reversal patterns. The supply above is a bearish QUASIMODO pattern and a great level for sell position. The demand below is a bullish Quasimodo pattern and a great level to buy XAU/USD.
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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.