VasilyTrader

GOLD (XAUUSD): Top-Down Analysis & Confirmed Bullish Reversal 🥇

Long
OANDA:XAUUSD   Or / Dollar AmĂ©ricain

Gold formed a morning star pattern on a daily time frame.
The formation consists of 3 candles:
Bearish candle,
Doji candle with a rejection from the downside,
Strong bullish candle.

That formation signifies a highly probable bullish continuation next week.

4H time frame gives a very nice confirmation with inverted head and shoulders pattern.

I will expect growth at least to 1930.

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