Expect the bears in gold now

11 mai 2023

XAUUSD did not break the daily resistance. looks like there is a bounce from the daily resistance.

at 4H there is DT, if the neckline breaks we can expect the gold to fall till the 4H support(very strong support)

at 1H H& pattern, after the breakout the target can expect to fall till the 4H support marked in the video.

11 mai 2023

Transaction en cours

based on H& pattern in 1H time frame.

11 mai 2023

Trade fermée: cible de profit atteinte

the target 2012.17 has hit

12 mai 2023

Note

target 2004.06 also hit. the 4H support 2004.06 broke too.

Next can expect the gold to reach daily support(1991.27) if the bear continues.....,