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happysumfx
May 23, 2020 2:42 PM

XAUUSD-GOLD POSSIBLE DIRECTION IN THE COMING WEEKS 

GOLD (US$/OZ)TVC

Description

This chart is not a signal, it is a suggestion about possible directional movement of this pair. Price has been given us reasons to keep buying as bulls have been charging up ahead in the markets, currently price seems to be forming a symmetrical triangle on the lower degree which I expect to break bearish to the nearest double bottom area before we get another possible buy move to previous week's highs. Let's watch carefully on this pair as long term move is a sell.
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