GOLD (XAUUSD): Oversold Market & Pullback 🥇

Long

Or / Dollar Américain (OANDA:XAUUSD)

Mis à jour

OANDA:XAUUSD Or / Dollar Américain

candlestick mtfa wedgepattern gold xauusd goldtrading goldidea goldusd goldanalysis goldlong forecast

Hey traders,

For the 3 consequent days, Gold was falling.
The market already lost more than 3.5% from a current high.

The price reached a daily demand zone on Friday.
Analyzing a reaction of the price to that on intraday time frames
I spotted multiple rejection and a bullish breakout of a falling wedge pattern on 1H time frame.

I believe that it's time for a pullback.

Intraday goals:
1799
1805

Have a great weekend!!!

❤️Please, support this idea with like and comment!❤️

Commentaire:

Check my new analysis on EURUSD:

EURUSD: Keep an Eye on That Structure! 🇪🇺🇺🇸

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Idées en relation

about EURUSD 33

about BTCUSD 33

about GBPNZD 26

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.