GOLD(XAUUSD): Is It The Moment to Reverse?! 🥇

Long

Or / Dollar Américain (OANDA:XAUUSD)

Mis à jour

OANDA:XAUUSD Or / Dollar Américain

mtfa trendline wedgepattern gold xauusd goldtrading goldanalysis goldsignals goldtrader goldlong containsimage

GOLD finally reached a key daily structure support that we discussed earlier.

Approaching the underlined green area, the market started to slow down
and trade within a falling wedge pattern.

After the NFP release on Friday, we saw a strong spike up.
The market successfully violated and closed above the resistance of the wedge.

It seems that the market is ready for a correctional movement.
Goal - 1847

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GOLD(XAUUSD): Is It The Moment to Reverse?! 🥇

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