Gold Latest Analysis before Fed decision ,PMI and ISM (Short) ?Be cautious of trade today as it could be highly volatile environment due to different news today .
Gold is forming bullish penant , if broken could lead gold to 2028 -30 levels before a correction.
Happy trading , look for stop loss hunts due to great volume today.
Goldprediction
XAUUSD (Gold) Latest Analysis LONG or Short . Find out Gold latest move in 1 hr time frame may breakout from symmetrical triangle and reach to 2005- 2012 📈 range before falling down . But if broken previous week high at 2015 may lead to test resistance at 2020. If not broken symmetrical triangle can lead to 1950-1960 📉 support range and will also broke the daily bear flag which will give the confirmation for further down levels .
Enjoy trading
Be cautious of sudden moves and stop loss hunt.🥇
Gold or XAUUSD analysis Gold or XAUUSD analysis
Symbol: Gold or XAUUSD
Time frame: 4 hours
Analysis: Presently we can observe divergence, SO, we can expect downtrend movement up to 1870 but in case if the price crosses above the parallel channel with high volume and in MACD, if the price crosses above zero, then, we can expect target up to 1230.
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading